Maple Leaf Foods Balance Sheet Health
Financial Health criteria checks 1/6
Maple Leaf Foods has a total shareholder equity of CA$1.5B and total debt of CA$2.0B, which brings its debt-to-equity ratio to 128.8%. Its total assets and total liabilities are CA$4.6B and CA$3.1B respectively. Maple Leaf Foods's EBIT is CA$33.4M making its interest coverage ratio 0.2. It has cash and short-term investments of CA$203.4M.
Key information
128.8%
Debt to equity ratio
CA$1.95b
Debt
Interest coverage ratio | 0.2x |
Cash | CA$203.36m |
Equity | CA$1.51b |
Total liabilities | CA$3.09b |
Total assets | CA$4.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLFN.F's short term assets (CA$1.2B) exceed its short term liabilities (CA$1.0B).
Long Term Liabilities: MLFN.F's short term assets (CA$1.2B) do not cover its long term liabilities (CA$2.1B).
Debt to Equity History and Analysis
Debt Level: MLFN.F's net debt to equity ratio (115.4%) is considered high.
Reducing Debt: MLFN.F's debt to equity ratio has increased from 19.1% to 128.8% over the past 5 years.
Debt Coverage: MLFN.F's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: MLFN.F's interest payments on its debt are not well covered by EBIT (0.2x coverage).