Wall Financial Balance Sheet Health
Financial Health criteria checks 1/6
Wall Financial has a total shareholder equity of CA$199.9M and total debt of CA$637.0M, which brings its debt-to-equity ratio to 318.7%. Its total assets and total liabilities are CA$886.6M and CA$686.8M respectively. Wall Financial's EBIT is CA$47.0M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$17.8M.
Key information
318.7%
Debt to equity ratio
CA$636.97m
Debt
Interest coverage ratio | 2.3x |
Cash | CA$17.85m |
Equity | CA$199.86m |
Total liabilities | CA$686.75m |
Total assets | CA$886.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WFIC.F's short term assets (CA$85.3M) do not cover its short term liabilities (CA$347.8M).
Long Term Liabilities: WFIC.F's short term assets (CA$85.3M) do not cover its long term liabilities (CA$339.0M).
Debt to Equity History and Analysis
Debt Level: WFIC.F's net debt to equity ratio (309.8%) is considered high.
Reducing Debt: WFIC.F's debt to equity ratio has reduced from 434.8% to 318.7% over the past 5 years.
Debt Coverage: WFIC.F's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: WFIC.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).