Financial 15 Split Balance Sheet Health
Financial Health criteria checks 4/6
Financial 15 Split has a total shareholder equity of CA$309.4M and total debt of CA$473.6M, which brings its debt-to-equity ratio to 153.1%. Its total assets and total liabilities are CA$813.1M and CA$503.7M respectively.
Key information
153.1%
Debt to equity ratio
CA$473.58m
Debt
Interest coverage ratio | n/a |
Cash | CA$805.83m |
Equity | CA$309.39m |
Total liabilities | CA$503.67m |
Total assets | CA$813.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNNC.F's short term assets (CA$813.1M) exceed its short term liabilities (CA$503.7M).
Long Term Liabilities: FNNC.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FNNC.F has more cash than its total debt.
Reducing Debt: FNNC.F's debt to equity ratio has reduced from 169.5% to 153.1% over the past 5 years.
Debt Coverage: FNNC.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FNNC.F's interest payments on its debt are well covered by EBIT.