CAE Balance Sheet Health
Financial Health criteria checks 1/6
CAE has a total shareholder equity of CA$4.5B and total debt of CA$3.1B, which brings its debt-to-equity ratio to 70.1%. Its total assets and total liabilities are CA$10.1B and CA$5.7B respectively. CAE's EBIT is CA$461.4M making its interest coverage ratio 2.7. It has cash and short-term investments of CA$179.7M.
Key information
70.1%
Debt to equity ratio
CA$3.13b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CA$179.70m |
| Equity | CA$4.46b |
| Total liabilities | CA$5.66b |
| Total assets | CA$10.13b |
Recent financial health updates
Is CAE (TSE:CAE) A Risky Investment?
Nov 18
Here's Why CAE (TSE:CAE) Has A Meaningful Debt Burden
Jul 26Here's Why CAE (TSE:CAE) Has A Meaningful Debt Burden
Mar 18We Think CAE (TSE:CAE) Is Taking Some Risk With Its Debt
Dec 10Is CAE (TSE:CAE) Using Too Much Debt?
Aug 17CAE (TSE:CAE) Has A Somewhat Strained Balance Sheet
May 06Recent updates
Is CAE (TSE:CAE) A Risky Investment?
Nov 18Is CAE Inc. (TSE:CAE) Trading At A 32% Discount?
Nov 04Is It Too Late To Consider Buying CAE Inc. (TSE:CAE)?
Oct 21CAE (TSE:CAE) May Have Issues Allocating Its Capital
Oct 08Sentiment Still Eluding CAE Inc. (TSE:CAE)
Aug 09Here's Why CAE (TSE:CAE) Has A Meaningful Debt Burden
Jul 26A Look At The Intrinsic Value Of CAE Inc. (TSE:CAE)
Jul 12CAE (TSE:CAE) Could Be Struggling To Allocate Capital
Jun 11Is Now An Opportune Moment To Examine CAE Inc. (TSE:CAE)?
May 25CAE Inc.'s (TSE:CAE) Share Price Matching Investor Opinion
Apr 01Here's Why CAE (TSE:CAE) Has A Meaningful Debt Burden
Mar 18CAE (TSE:CAE) Has Some Way To Go To Become A Multi-Bagger
Mar 05CAE's (TSE:CAE) Solid Earnings Are Supported By Other Strong Factors
Feb 21Is Now The Time To Look At Buying CAE Inc. (TSE:CAE)?
Jan 28Market Participants Recognise CAE Inc.'s (TSE:CAE) Earnings
Dec 24We Think CAE (TSE:CAE) Is Taking Some Risk With Its Debt
Dec 10An Intrinsic Calculation For CAE Inc. (TSE:CAE) Suggests It's 45% Undervalued
Oct 31Is Now The Time To Look At Buying CAE Inc. (TSE:CAE)?
Oct 01Is Now The Time To Put CAE (TSE:CAE) On Your Watchlist?
Sep 16Is CAE (TSE:CAE) Using Too Much Debt?
Aug 17Is CAE Inc. (TSE:CAE) Worth CA$29.4 Based On Its Intrinsic Value?
Jul 27Should You Think About Buying CAE Inc. (TSE:CAE) Now?
Jun 21CAE (TSE:CAE) Has A Somewhat Strained Balance Sheet
May 06Does This Valuation Of CAE Inc. (TSE:CAE) Imply Investors Are Overpaying?
Apr 21CAE (TSE:CAE) Has A Somewhat Strained Balance Sheet
Jan 27Estimating The Intrinsic Value Of CAE Inc. (TSE:CAE)
Jan 12Is There An Opportunity With CAE Inc.'s (TSE:CAE) 45% Undervaluation?
Oct 12Is It Too Late To Consider Buying CAE Inc. (TSE:CAE)?
Aug 31A Look At The Intrinsic Value Of CAE Inc. (TSE:CAE)
Jul 10We Think CAE (TSE:CAE) Can Stay On Top Of Its Debt
Jun 21Is There An Opportunity With CAE Inc.'s (TSE:CAE) 38% Undervaluation?
Mar 28Does CAE (TSE:CAE) Have A Healthy Balance Sheet?
Mar 10Financial Position Analysis
Short Term Liabilities: CAE's short term assets (CA$2.1B) do not cover its short term liabilities (CA$2.5B).
Long Term Liabilities: CAE's short term assets (CA$2.1B) do not cover its long term liabilities (CA$3.1B).
Debt to Equity History and Analysis
Debt Level: CAE's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: CAE's debt to equity ratio has reduced from 113.4% to 70.1% over the past 5 years.
Debt Coverage: CAE's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: CAE's interest payments on its debt are not well covered by EBIT (2.7x coverage).