North American Financial 15 Split Balance Sheet Health
Financial Health criteria checks 5/6
North American Financial 15 Split has a total shareholder equity of CA$200.5M and total debt of CA$520.3M, which brings its debt-to-equity ratio to 259.4%. Its total assets and total liabilities are CA$726.8M and CA$526.2M respectively.
Key information
259.4%
Debt to equity ratio
CA$520.29m
Debt
Interest coverage ratio | n/a |
Cash | CA$707.04m |
Equity | CA$200.55m |
Total liabilities | CA$526.24m |
Total assets | CA$726.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNCS.F's short term assets (CA$726.8M) exceed its short term liabilities (CA$6.0M).
Long Term Liabilities: FNCS.F's short term assets (CA$726.8M) exceed its long term liabilities (CA$520.3M).
Debt to Equity History and Analysis
Debt Level: FNCS.F has more cash than its total debt.
Reducing Debt: FNCS.F's debt to equity ratio has increased from 169.7% to 259.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FNCS.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FNCS.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.7% per year.