North West Balance Sheet Health
Financial Health criteria checks 6/6
North West has a total shareholder equity of CA$741.0M and total debt of CA$319.8M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are CA$1.5B and CA$721.1M respectively. North West's EBIT is CA$197.9M making its interest coverage ratio 10.9. It has cash and short-term investments of CA$87.0M.
Key information
43.2%
Debt to equity ratio
CA$319.76m
Debt
| Interest coverage ratio | 10.9x |
| Cash | CA$86.99m |
| Equity | CA$740.99m |
| Total liabilities | CA$721.08m |
| Total assets | CA$1.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNWW.F's short term assets (CA$546.5M) exceed its short term liabilities (CA$245.9M).
Long Term Liabilities: NNWW.F's short term assets (CA$546.5M) exceed its long term liabilities (CA$475.2M).
Debt to Equity History and Analysis
Debt Level: NNWW.F's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: NNWW.F's debt to equity ratio has reduced from 96.7% to 43.2% over the past 5 years.
Debt Coverage: NNWW.F's debt is well covered by operating cash flow (80.8%).
Interest Coverage: NNWW.F's interest payments on its debt are well covered by EBIT (10.9x coverage).