AutoCanada Balance Sheet Health
Financial Health criteria checks 2/6
AutoCanada has a total shareholder equity of CA$561.9M and total debt of CA$1.8B, which brings its debt-to-equity ratio to 320.2%. Its total assets and total liabilities are CA$3.2B and CA$2.6B respectively. AutoCanada's EBIT is CA$193.3M making its interest coverage ratio 1.5. It has cash and short-term investments of CA$107.9M.
Key information
320.2%
Debt to equity ratio
CA$1.80b
Debt
Interest coverage ratio | 1.5x |
Cash | CA$107.91m |
Equity | CA$561.89m |
Total liabilities | CA$2.61b |
Total assets | CA$3.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOCI.F's short term assets (CA$1.6B) exceed its short term liabilities (CA$1.5B).
Long Term Liabilities: AOCI.F's short term assets (CA$1.6B) exceed its long term liabilities (CA$1.1B).
Debt to Equity History and Analysis
Debt Level: AOCI.F's net debt to equity ratio (301%) is considered high.
Reducing Debt: AOCI.F's debt to equity ratio has increased from 272.7% to 320.2% over the past 5 years.
Debt Coverage: AOCI.F's debt is not well covered by operating cash flow (4%).
Interest Coverage: AOCI.F's interest payments on its debt are not well covered by EBIT (1.5x coverage).