Superior Plus Balance Sheet Health
Financial Health criteria checks 2/6
Superior Plus has a total shareholder equity of CA$1.8B and total debt of CA$2.2B, which brings its debt-to-equity ratio to 126.6%. Its total assets and total liabilities are CA$5.2B and CA$3.4B respectively. Superior Plus's EBIT is CA$272.3M making its interest coverage ratio 2.2. It has cash and short-term investments of CA$48.3M.
Key information
126.6%
Debt to equity ratio
CA$2.24b
Debt
Interest coverage ratio | 2.2x |
Cash | CA$48.30m |
Equity | CA$1.77b |
Total liabilities | CA$3.40b |
Total assets | CA$5.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUUI.F's short term assets (CA$654.8M) do not cover its short term liabilities (CA$754.6M).
Long Term Liabilities: SUUI.F's short term assets (CA$654.8M) do not cover its long term liabilities (CA$2.6B).
Debt to Equity History and Analysis
Debt Level: SUUI.F's net debt to equity ratio (123.9%) is considered high.
Reducing Debt: SUUI.F's debt to equity ratio has reduced from 164.4% to 126.6% over the past 5 years.
Debt Coverage: SUUI.F's debt is well covered by operating cash flow (24.5%).
Interest Coverage: SUUI.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).