A & W Food Services of Canada Balance Sheet Health
Financial Health criteria checks 2/6
A & W Food Services of Canada has a total shareholder equity of CA$-120.7M and total debt of CA$8.6M, which brings its debt-to-equity ratio to -7.1%. Its total assets and total liabilities are CA$934.5M and CA$1.1B respectively. A & W Food Services of Canada's EBIT is CA$31.0M making its interest coverage ratio 30.7. It has cash and short-term investments of CA$2.3M.
Key information
-7.1%
Debt to equity ratio
CA$8.58m
Debt
| Interest coverage ratio | 30.7x |
| Cash | CA$2.28m |
| Equity | -CA$120.70m |
| Total liabilities | CA$1.06b |
| Total assets | CA$934.49m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: AWFD.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AWFD.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AWFD.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AWFD.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AWFD.F's debt is well covered by operating cash flow (299.1%).
Interest Coverage: AWFD.F's interest payments on its debt are well covered by EBIT (30.7x coverage).