Wolverine Energy and Infrastructure Balance Sheet Health
Financial Health criteria checks 1/6
Wolverine Energy and Infrastructure has a total shareholder equity of CA$31.4M and total debt of CA$93.5M, which brings its debt-to-equity ratio to 297.9%. Its total assets and total liabilities are CA$151.1M and CA$119.7M respectively.
Key information
297.9%
Debt to equity ratio
CA$93.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.71m |
| Equity | CA$31.39m |
| Total liabilities | CA$119.72m |
| Total assets | CA$151.11m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEII.F's short term assets (CA$20.6M) do not cover its short term liabilities (CA$49.0M).
Long Term Liabilities: WEII.F's short term assets (CA$20.6M) do not cover its long term liabilities (CA$70.7M).
Debt to Equity History and Analysis
Debt Level: WEII.F's net debt to equity ratio (289.2%) is considered high.
Reducing Debt: WEII.F's debt to equity ratio has reduced from 914.1% to 297.9% over the past 5 years.
Debt Coverage: WEII.F's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: Insufficient data to determine if WEII.F's interest payments on its debt are well covered by EBIT.