Supremex Balance Sheet Health
Financial Health criteria checks 3/6
Supremex has a total shareholder equity of CA$109.6M and total debt of CA$49.5M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are CA$246.2M and CA$136.6M respectively. Supremex's EBIT is CA$15.5M making its interest coverage ratio 2.8. It has cash and short-term investments of CA$3.2M.
Key information
45.1%
Debt to equity ratio
CA$49.46m
Debt
| Interest coverage ratio | 2.8x |
| Cash | CA$3.19m |
| Equity | CA$109.59m |
| Total liabilities | CA$136.63m |
| Total assets | CA$246.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUMX.F's short term assets (CA$84.6M) exceed its short term liabilities (CA$38.5M).
Long Term Liabilities: SUMX.F's short term assets (CA$84.6M) do not cover its long term liabilities (CA$98.1M).
Debt to Equity History and Analysis
Debt Level: SUMX.F's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: SUMX.F's debt to equity ratio has reduced from 76.7% to 45.1% over the past 5 years.
Debt Coverage: SUMX.F's debt is well covered by operating cash flow (76.2%).
Interest Coverage: SUMX.F's interest payments on its debt are not well covered by EBIT (2.8x coverage).