CAE Balance Sheet Health
Financial Health criteria checks 1/6
CAE has a total shareholder equity of CA$4.7B and total debt of CA$2.8B, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are CA$10.5B and CA$5.7B respectively. CAE's EBIT is CA$542.5M making its interest coverage ratio 3.2. It has cash and short-term investments of CA$124.5M.
Key information
58.2%
Debt to equity ratio
CA$2.75b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CA$124.50m |
| Equity | CA$4.73b |
| Total liabilities | CA$5.74b |
| Total assets | CA$10.47b |
Recent financial health updates
Here's Why CAE (TSE:CAE) Has A Meaningful Debt Burden
Mar 18
We 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 06CAE (TSE:CAE) Has A Somewhat Strained Balance Sheet
Jan 27We Think CAE (TSE:CAE) Can Stay On Top Of Its Debt
Jun 21Recent updates
CAE 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 10CAE Inc.'s (TSE:CAE) Intrinsic Value Is Potentially 88% Above Its Share Price
Dec 21These 4 Measures Indicate That CAE (TSE:CAE) Is Using Debt Extensively
Nov 21Is There An Opportunity With CAE Inc.'s (TSE:CAE) 21% Undervaluation?
Sep 09We Think The Compensation For CAE Inc.'s (TSE:CAE) CEO Looks About Right
Aug 05CAE Inc. (TSE:CAE) Shares Could Be 20% Below Their Intrinsic Value Estimate
Jun 09New Forecasts: Here's What Analysts Think The Future Holds For CAE Inc. (TSE:CAE)
Mar 09CAE Inc.'s (TSE:CAE) Intrinsic Value Is Potentially 56% Above Its Share Price
Feb 28We Think CAE (TSE:CAE) Is Taking Some Risk With Its Debt
Feb 13Financial Position Analysis
Short Term Liabilities: CAE's short term assets (CA$2.4B) do not cover its short term liabilities (CA$2.7B).
Long Term Liabilities: CAE's short term assets (CA$2.4B) 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 (55.6%) is considered high.
Reducing Debt: CAE's debt to equity ratio has increased from 56.9% to 58.2% over the past 5 years.
Debt Coverage: CAE's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: CAE's interest payments on its debt are well covered by EBIT (3.2x coverage).