Maxim Power Corp.

Toronto Stock Exchange MXG.TO

Maxim Power Corp. Debt to Equity Ratio for the year ending December 31, 2023: 0.27

Maxim Power Corp. Debt to Equity Ratio is 0.27 for the year ending December 31, 2023, a -11.40% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Maxim Power Corp. Debt to Equity Ratio for the year ending December 31, 2022 was 0.31, a 30.04% change year over year.
Maxim Power Corp. Debt to Equity Ratio for the year ending December 31, 2021 was 0.24, a -47.65% change year over year.
Maxim Power Corp. Debt to Equity Ratio for the year ending December 31, 2020 was 0.45, a 28.39% change year over year.
Maxim Power Corp. Debt to Equity Ratio for the year ending December 31, 2019 was 0.35, a 0.00% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Toronto Stock Exchange: MXG.TO

Maxim Power Corp.

CEO	Mr. Robert Emmott
IPO Date	July 31, 1996
Location	Canada
Headquarters	715-5th Avenue SW
Employees	44
Sector	Utilities
Industries Renewables Hydro Energy Utility

Description

Maxim Power Corp., an independent power producer, engages in the development, ownership, and operation of power generation facilities in Canada. Its core asset is Milner 2 power plant, a 204 megawatt natural gas-fired turbine generator located in Grande Cache, Alberta. Maxim Power Corp. is headquartered in Calgary, Canada.

Key trends

Past 5 years