Corby Spirit and Wine Balance Sheet Health
Financial Health criteria checks 3/6
Corby Spirit and Wine has a total shareholder equity of CA$181.1M and total debt of CA$127.3M, which brings its debt-to-equity ratio to 70.3%. Its total assets and total liabilities are CA$392.9M and CA$211.8M respectively. Corby Spirit and Wine's EBIT is CA$37.3M making its interest coverage ratio 7.4. It has cash and short-term investments of CA$24.0M.
Key information
70.3%
Debt to equity ratio
CA$127.25m
Debt
Interest coverage ratio | 7.4x |
Cash | CA$23.99m |
Equity | CA$181.10m |
Total liabilities | CA$211.84m |
Total assets | CA$392.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRBB.F's short term assets (CA$156.7M) exceed its short term liabilities (CA$50.0M).
Long Term Liabilities: CRBB.F's short term assets (CA$156.7M) do not cover its long term liabilities (CA$161.8M).
Debt to Equity History and Analysis
Debt Level: CRBB.F's net debt to equity ratio (57%) is considered high.
Reducing Debt: CRBB.F's debt to equity ratio has increased from 0% to 70.3% over the past 5 years.
Debt Coverage: CRBB.F's debt is well covered by operating cash flow (26.4%).
Interest Coverage: CRBB.F's interest payments on its debt are well covered by EBIT (7.4x coverage).