A&W Revenue Royalties Income Fund Balance Sheet Health
Financial Health criteria checks 5/6
A&W Revenue Royalties Income Fund has a total shareholder equity of CA$344.4M and total debt of CA$59.9M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are CA$423.7M and CA$79.4M respectively. A&W Revenue Royalties Income Fund's EBIT is CA$54.0M making its interest coverage ratio 22.3. It has cash and short-term investments of CA$12.2M.
Key information
17.4%
Debt to equity ratio
CA$59.91m
Debt
Interest coverage ratio | 22.3x |
Cash | CA$12.16m |
Equity | CA$344.37m |
Total liabilities | CA$79.37m |
Total assets | CA$423.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWRR.F's short term assets (CA$18.4M) exceed its short term liabilities (CA$3.1M).
Long Term Liabilities: AWRR.F's short term assets (CA$18.4M) do not cover its long term liabilities (CA$76.2M).
Debt to Equity History and Analysis
Debt Level: AWRR.F's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: AWRR.F's debt to equity ratio has reduced from 28.7% to 17.4% over the past 5 years.
Debt Coverage: AWRR.F's debt is well covered by operating cash flow (57.1%).
Interest Coverage: AWRR.F's interest payments on its debt are well covered by EBIT (22.3x coverage).