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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

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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