Thunderbird Entertainment Group Balance Sheet Health
Financial Health criteria checks 6/6
Thunderbird Entertainment Group has a total shareholder equity of CA$71.3M and total debt of CA$18.9M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are CA$187.2M and CA$115.9M respectively. Thunderbird Entertainment Group's EBIT is CA$7.4M making its interest coverage ratio 5.7. It has cash and short-term investments of CA$33.4M.
Key information
26.5%
Debt to equity ratio
CA$18.91m
Debt
| Interest coverage ratio | 5.7x |
| Cash | CA$33.45m |
| Equity | CA$71.27m |
| Total liabilities | CA$115.93m |
| Total assets | CA$187.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THBR.F's short term assets (CA$113.8M) exceed its short term liabilities (CA$96.6M).
Long Term Liabilities: THBR.F's short term assets (CA$113.8M) exceed its long term liabilities (CA$19.3M).
Debt to Equity History and Analysis
Debt Level: THBR.F has more cash than its total debt.
Reducing Debt: THBR.F's debt to equity ratio has reduced from 98.8% to 26.5% over the past 5 years.
Debt Coverage: THBR.F's debt is well covered by operating cash flow (246%).
Interest Coverage: THBR.F's interest payments on its debt are well covered by EBIT (5.7x coverage).