Canaf Investments Balance Sheet Health
Financial Health criteria checks 6/6
Canaf Investments has a total shareholder equity of CA$12.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$15.4M and CA$3.3M respectively. Canaf Investments's EBIT is CA$3.1M making its interest coverage ratio -4.6. It has cash and short-term investments of CA$7.3M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -4.6x |
| Cash | CA$7.31m |
| Equity | CA$12.08m |
| Total liabilities | CA$3.34m |
| Total assets | CA$15.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAFZ.F's short term assets (CA$12.1M) exceed its short term liabilities (CA$3.3M).
Long Term Liabilities: CAFZ.F's short term assets (CA$12.1M) exceed its long term liabilities (CA$29.4K).
Debt to Equity History and Analysis
Debt Level: CAFZ.F is debt free.
Reducing Debt: CAFZ.F had no debt 5 years ago.
Debt Coverage: CAFZ.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CAFZ.F has no debt, therefore coverage of interest payments is not a concern.