Circa Enterprises Inc.

TSXV:CTO Stock Report

Market Cap: CA$21.3m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

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 ratio5.4x
CashCA$246.00k
EquityCA$14.99m
Total liabilitiesCA$10.58m
Total assetsCA$25.57m

Recent financial health updates

Is Circa Enterprises (CVE:CTO) A Risky Investment?

Feb 17
Is Circa Enterprises (CVE:CTO) A Risky Investment?

Circa Enterprises (CVE:CTO) Seems To Use Debt Rather Sparingly

Sep 20
Circa Enterprises (CVE:CTO) Seems To Use Debt Rather Sparingly

Circa Enterprises (CVE:CTO) Seems To Use Debt Quite Sensibly

Dec 31
Circa Enterprises (CVE:CTO) Seems To Use Debt Quite Sensibly

These 4 Measures Indicate That Circa Enterprises (CVE:CTO) Is Using Debt Reasonably Well

Sep 10
These 4 Measures Indicate That Circa Enterprises (CVE:CTO) Is Using Debt Reasonably Well

Recent updates

With EPS Growth And More, Circa Enterprises (CVE:CTO) Makes An Interesting Case

Mar 15
With EPS Growth And More, Circa Enterprises (CVE:CTO) Makes An Interesting Case

Is Circa Enterprises (CVE:CTO) A Risky Investment?

Feb 17
Is Circa Enterprises (CVE:CTO) A Risky Investment?

Here's Why Circa Enterprises (CVE:CTO) Has Caught The Eye Of Investors

Oct 13
Here's Why Circa Enterprises (CVE:CTO) Has Caught The Eye Of Investors

Circa Enterprises (CVE:CTO) Seems To Use Debt Rather Sparingly

Sep 20
Circa Enterprises (CVE:CTO) Seems To Use Debt Rather Sparingly

If You Like EPS Growth Then Check Out Circa Enterprises (CVE:CTO) Before It's Too Late

Jun 10
If You Like EPS Growth Then Check Out Circa Enterprises (CVE:CTO) Before It's Too Late

Circa Enterprises (CVE:CTO) Seems To Use Debt Quite Sensibly

Dec 31
Circa Enterprises (CVE:CTO) Seems To Use Debt Quite Sensibly

These 4 Measures Indicate That Circa Enterprises (CVE:CTO) Is Using Debt Reasonably Well

Sep 10
These 4 Measures Indicate That Circa Enterprises (CVE:CTO) Is Using Debt Reasonably Well

With EPS Growth And More, Circa Enterprises (CVE:CTO) Is Interesting

Jul 15
With EPS Growth And More, Circa Enterprises (CVE:CTO) Is Interesting

If You Like EPS Growth Then Check Out Circa Enterprises (CVE:CTO) Before It's Too Late

Mar 17
If You Like EPS Growth Then Check Out Circa Enterprises (CVE:CTO) Before It's Too Late

Is There More To The Story Than Circa Enterprises' (CVE:CTO) Earnings Growth?

Feb 07
Is There More To The Story Than Circa Enterprises' (CVE:CTO) Earnings Growth?

Are Strong Financial Prospects The Force That Is Driving The Momentum In Circa Enterprises Inc.'s CVE:CTO) Stock?

Jan 12
Are Strong Financial Prospects The Force That Is Driving The Momentum In Circa Enterprises Inc.'s CVE:CTO) Stock?

Here's Why I Think Circa Enterprises (CVE:CTO) Is An Interesting Stock

Dec 14
Here's Why I Think Circa Enterprises (CVE:CTO) Is An Interesting Stock

Financial 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).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/04/16 04:03
End of Day Share Price 2023/04/13 00:00
Earnings2022/12/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Circa Enterprises Inc. is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution