Corby Spirit and Wine Balance Sheet Health
Financial Health criteria checks 4/6
Corby Spirit and Wine has a total shareholder equity of CA$182.8M and total debt of CA$127.5M, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are CA$409.9M and CA$227.1M respectively. Corby Spirit and Wine's EBIT is CA$32.6M making its interest coverage ratio 21.4. It has cash and short-term investments of CA$38.0M.
Key information
69.7%
Debt to equity ratio
CA$127.50m
Debt
Interest coverage ratio | 21.4x |
Cash | CA$37.99m |
Equity | CA$182.81m |
Total liabilities | CA$227.07m |
Total assets | CA$409.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBYD.F's short term assets (CA$170.0M) exceed its short term liabilities (CA$65.4M).
Long Term Liabilities: CBYD.F's short term assets (CA$170.0M) exceed its long term liabilities (CA$161.7M).
Debt to Equity History and Analysis
Debt Level: CBYD.F's net debt to equity ratio (49%) is considered high.
Reducing Debt: CBYD.F's debt to equity ratio has increased from 0% to 69.7% over the past 5 years.
Debt Coverage: CBYD.F's debt is well covered by operating cash flow (32.5%).
Interest Coverage: CBYD.F's interest payments on its debt are well covered by EBIT (21.4x coverage).