Conifex Timber Balance Sheet Health
Financial Health criteria checks 2/6
Conifex Timber has a total shareholder equity of CA$115.5M and total debt of CA$61.8M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are CA$219.0M and CA$103.5M respectively.
Key information
53.5%
Debt to equity ratio
CA$61.78m
Debt
Interest coverage ratio | n/a |
Cash | CA$4.19m |
Equity | CA$115.50m |
Total liabilities | CA$103.49m |
Total assets | CA$218.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFXT.F's short term assets (CA$57.1M) exceed its short term liabilities (CA$39.3M).
Long Term Liabilities: CFXT.F's short term assets (CA$57.1M) do not cover its long term liabilities (CA$64.2M).
Debt to Equity History and Analysis
Debt Level: CFXT.F's net debt to equity ratio (49.9%) is considered high.
Reducing Debt: CFXT.F's debt to equity ratio has reduced from 95.3% to 53.5% over the past 5 years.
Debt Coverage: CFXT.F's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: Insufficient data to determine if CFXT.F's interest payments on its debt are well covered by EBIT.