This company has been acquired
Circa Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Circa Enterprises has a total shareholder equity of CA$15.0M and total debt of CA$2.9M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are CA$25.6M and CA$10.6M respectively. Circa Enterprises's EBIT is CA$1.7M making its interest coverage ratio 5.4. It has cash and short-term investments of CA$246.0K.
Key information
19.1%
Debt to equity ratio
CA$2.86m
Debt
| Interest coverage ratio | 5.4x |
| Cash | CA$246.00k |
| Equity | CA$14.99m |
| Total liabilities | CA$10.58m |
| Total assets | CA$25.57m |
Recent financial health updates
Is Circa Enterprises (CVE:CTO) A Risky Investment?
Feb 17
Circa Enterprises (CVE:CTO) Seems To Use Debt Rather Sparingly
Sep 20Circa Enterprises (CVE:CTO) Seems To Use Debt Quite Sensibly
Dec 31These 4 Measures Indicate That Circa Enterprises (CVE:CTO) Is Using Debt Reasonably Well
Sep 10Recent updates
With EPS Growth And More, Circa Enterprises (CVE:CTO) Makes An Interesting Case
Mar 15Is Circa Enterprises (CVE:CTO) A Risky Investment?
Feb 17Here's Why Circa Enterprises (CVE:CTO) Has Caught The Eye Of Investors
Oct 13Circa Enterprises (CVE:CTO) Seems To Use Debt Rather Sparingly
Sep 20If You Like EPS Growth Then Check Out Circa Enterprises (CVE:CTO) Before It's Too Late
Jun 10Circa Enterprises (CVE:CTO) Seems To Use Debt Quite Sensibly
Dec 31These 4 Measures Indicate That Circa Enterprises (CVE:CTO) Is Using Debt Reasonably Well
Sep 10With EPS Growth And More, Circa Enterprises (CVE:CTO) Is Interesting
Jul 15If You Like EPS Growth Then Check Out Circa Enterprises (CVE:CTO) Before It's Too Late
Mar 17Is There More To The Story Than Circa Enterprises' (CVE:CTO) Earnings Growth?
Feb 07
Are Strong Financial Prospects The Force That Is Driving The Momentum In Circa Enterprises Inc.'s CVE:CTO) Stock?
Jan 12Here's Why I Think Circa Enterprises (CVE:CTO) Is An Interesting Stock
Dec 14Financial Position Analysis
Short Term Liabilities: CTO's short term assets (CA$15.9M) exceed its short term liabilities (CA$7.6M).
Long Term Liabilities: CTO's short term assets (CA$15.9M) exceed its long term liabilities (CA$3.0M).
Debt to Equity History and Analysis
Debt Level: CTO's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: CTO's debt to equity ratio has reduced from 20.3% to 19.1% over the past 5 years.
Debt Coverage: CTO's debt is well covered by operating cash flow (139.3%).
Interest Coverage: CTO's interest payments on its debt are well covered by EBIT (5.4x coverage).