Acadian Timber Balance Sheet Health
Financial Health criteria checks 4/6
Acadian Timber has a total shareholder equity of CA$327.8M and total debt of CA$107.8M, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are CA$585.4M and CA$257.7M respectively. Acadian Timber's EBIT is CA$24.8M making its interest coverage ratio 7.8. It has cash and short-term investments of CA$14.6M.
Key information
32.9%
Debt to equity ratio
CA$107.79m
Debt
| Interest coverage ratio | 7.8x |
| Cash | CA$14.62m |
| Equity | CA$327.76m |
| Total liabilities | CA$257.67m |
| Total assets | CA$585.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACAZ.F's short term assets (CA$26.7M) do not cover its short term liabilities (CA$61.7M).
Long Term Liabilities: ACAZ.F's short term assets (CA$26.7M) do not cover its long term liabilities (CA$196.0M).
Debt to Equity History and Analysis
Debt Level: ACAZ.F's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: ACAZ.F's debt to equity ratio has reduced from 38.4% to 32.9% over the past 5 years.
Debt Coverage: ACAZ.F's debt is well covered by operating cash flow (32%).
Interest Coverage: ACAZ.F's interest payments on its debt are well covered by EBIT (7.8x coverage).