Maxim Power Balance Sheet Health
Financial Health criteria checks 5/6
Maxim Power has a total shareholder equity of CA$319.4M and total debt of CA$79.9M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are CA$445.7M and CA$126.3M respectively. Maxim Power's EBIT is CA$30.6M making its interest coverage ratio 7. It has cash and short-term investments of CA$99.0M.
Key information
25.0%
Debt to equity ratio
CA$79.87m
Debt
| Interest coverage ratio | 7x |
| Cash | CA$99.01m |
| Equity | CA$319.38m |
| Total liabilities | CA$126.28m |
| Total assets | CA$445.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MXGF.F's short term assets (CA$118.0M) exceed its short term liabilities (CA$23.6M).
Long Term Liabilities: MXGF.F's short term assets (CA$118.0M) exceed its long term liabilities (CA$102.7M).
Debt to Equity History and Analysis
Debt Level: MXGF.F has more cash than its total debt.
Reducing Debt: MXGF.F's debt to equity ratio has increased from 0% to 25% over the past 5 years.
Debt Coverage: MXGF.F's debt is well covered by operating cash flow (89%).
Interest Coverage: MXGF.F's interest payments on its debt are well covered by EBIT (7x coverage).