Firm Capital Mortgage Investment Balance Sheet Health
Financial Health criteria checks 4/6
Firm Capital Mortgage Investment has a total shareholder equity of CA$399.2M and total debt of CA$182.8M, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are CA$589.6M and CA$190.4M respectively.
Key information
45.8%
Debt to equity ratio
CA$182.80m
Debt
Interest coverage ratio | n/a |
Cash | CA$15.99m |
Equity | CA$399.19m |
Total liabilities | CA$190.42m |
Total assets | CA$589.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCMG.F's short term assets (CA$589.6M) exceed its short term liabilities (CA$58.6M).
Long Term Liabilities: FCMG.F's short term assets (CA$589.6M) exceed its long term liabilities (CA$131.8M).
Debt to Equity History and Analysis
Debt Level: FCMG.F's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: FCMG.F's debt to equity ratio has reduced from 79.5% to 45.8% over the past 5 years.
Debt Coverage: FCMG.F's debt is well covered by operating cash flow (34.7%).
Interest Coverage: Insufficient data to determine if FCMG.F's interest payments on its debt are well covered by EBIT.