Canadian Banc Balance Sheet Health
Financial Health criteria checks 3/6
Canadian Banc has a total shareholder equity of CA$237.1M and total debt of CA$364.6M, which brings its debt-to-equity ratio to 153.8%. Its total assets and total liabilities are CA$630.3M and CA$393.2M respectively.
Key information
153.8%
Debt to equity ratio
CA$364.56m
Debt
Interest coverage ratio | n/a |
Cash | CA$627.97m |
Equity | CA$237.10m |
Total liabilities | CA$393.18m |
Total assets | CA$630.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNDC.F's short term assets (CA$630.3M) exceed its short term liabilities (CA$393.2M).
Long Term Liabilities: CNDC.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CNDC.F has more cash than its total debt.
Reducing Debt: CNDC.F's debt to equity ratio has increased from 90.7% to 153.8% over the past 5 years.
Debt Coverage: CNDC.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CNDC.F's interest payments on its debt are well covered by EBIT.