Dominion Lending Centres Balance Sheet Health
Financial Health criteria checks 0/6
Dominion Lending Centres has a total shareholder equity of CA$29.9M and total debt of CA$146.5M, which brings its debt-to-equity ratio to 489.6%. Its total assets and total liabilities are CA$217.9M and CA$188.0M respectively. Dominion Lending Centres's EBIT is CA$23.6M making its interest coverage ratio 1.8. It has cash and short-term investments of CA$5.4M.
Key information
489.6%
Debt to equity ratio
CA$146.51m
Debt
| Interest coverage ratio | 1.8x |
| Cash | CA$5.38m |
| Equity | CA$29.93m |
| Total liabilities | CA$188.02m |
| Total assets | CA$217.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRLG.F's short term assets (CA$20.7M) do not cover its short term liabilities (CA$36.5M).
Long Term Liabilities: BRLG.F's short term assets (CA$20.7M) do not cover its long term liabilities (CA$151.6M).
Debt to Equity History and Analysis
Debt Level: BRLG.F's net debt to equity ratio (471.6%) is considered high.
Reducing Debt: BRLG.F's debt to equity ratio has increased from 46.5% to 489.6% over the past 5 years.
Debt Coverage: BRLG.F's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: BRLG.F's interest payments on its debt are not well covered by EBIT (1.8x coverage).