Haivision Systems Balance Sheet Health
Financial Health criteria checks 6/6
Haivision Systems has a total shareholder equity of CA$95.1M and total debt of CA$4.3M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CA$140.3M and CA$45.2M respectively. Haivision Systems's EBIT is CA$8.8M making its interest coverage ratio 6.6. It has cash and short-term investments of CA$11.2M.
Key information
4.5%
Debt to equity ratio
CA$4.30m
Debt
Interest coverage ratio | 6.6x |
Cash | CA$11.19m |
Equity | CA$95.13m |
Total liabilities | CA$45.16m |
Total assets | CA$140.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAIV.F's short term assets (CA$59.2M) exceed its short term liabilities (CA$33.8M).
Long Term Liabilities: HAIV.F's short term assets (CA$59.2M) exceed its long term liabilities (CA$11.4M).
Debt to Equity History and Analysis
Debt Level: HAIV.F has more cash than its total debt.
Reducing Debt: HAIV.F's debt to equity ratio has reduced from 7.7% to 4.5% over the past 5 years.
Debt Coverage: HAIV.F's debt is well covered by operating cash flow (423.9%).
Interest Coverage: HAIV.F's interest payments on its debt are well covered by EBIT (6.6x coverage).