Algoma Central Balance Sheet Health
Financial Health criteria checks 3/6
Algoma Central has a total shareholder equity of CA$832.0M and total debt of CA$421.5M, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are CA$1.5B and CA$628.0M respectively. Algoma Central's EBIT is CA$62.5M making its interest coverage ratio 3.7. It has cash and short-term investments of CA$29.8M.
Key information
50.7%
Debt to equity ratio
CA$421.54m
Debt
| Interest coverage ratio | 3.7x |
| Cash | CA$29.78m |
| Equity | CA$832.01m |
| Total liabilities | CA$627.97m |
| Total assets | CA$1.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGMJ.F's short term assets (CA$160.0M) do not cover its short term liabilities (CA$211.7M).
Long Term Liabilities: AGMJ.F's short term assets (CA$160.0M) do not cover its long term liabilities (CA$416.3M).
Debt to Equity History and Analysis
Debt Level: AGMJ.F's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: AGMJ.F's debt to equity ratio has reduced from 58.8% to 50.7% over the past 5 years.
Debt Coverage: AGMJ.F's debt is well covered by operating cash flow (29.6%).
Interest Coverage: AGMJ.F's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:21 |
| End of Day Share Price | 2024/12/05 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Algoma Central Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuri Lynk | Canaccord Genuity |
| David Ocampo | Cormark Securities Inc. |
| Alexandra Ricci | Paradigm Capital, Inc. |