Calian Group Balance Sheet Health
Financial Health criteria checks 5/6
Calian Group has a total shareholder equity of CA$329.6M and total debt of CA$93.8M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are CA$703.3M and CA$373.7M respectively. Calian Group's EBIT is CA$47.0M making its interest coverage ratio 20.2. It has cash and short-term investments of CA$52.3M.
Key information
28.4%
Debt to equity ratio
CA$93.75m
Debt
| Interest coverage ratio | 20.2x |
| Cash | CA$52.27m |
| Equity | CA$329.57m |
| Total liabilities | CA$373.70m |
| Total assets | CA$703.28m |
Recent financial health updates
Recent updates
Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28
Feb 22
We Think Calian Group's (TSE:CGY) Profit Is Only A Baseline For What They Can Achieve
Feb 21Calian Group (TSE:CGY) Is Due To Pay A Dividend Of CA$0.28
Dec 03Calian Group (TSE:CGY) Is Due To Pay A Dividend Of CA$0.28
Aug 17Why Calian Group Ltd. (TSE:CGY) Could Be Worth Watching
Aug 13Calian Group's (TSE:CGY) Dividend Will Be CA$0.28
May 14Calian Group (TSE:CGY) Is Paying Out A Dividend Of CA$0.28
Feb 19When Should You Buy Calian Group Ltd. (TSE:CGY)?
Nov 29Calian Group (TSE:CGY) Has Announced A Dividend Of CA$0.28
Aug 15Calian Group's (TSE:CGY) Returns On Capital Not Reflecting Well On The Business
Aug 12Is Calian Group (TSE:CGY) Using Too Much Debt?
May 20Calian Group (TSE:CGY) Has Re-Affirmed Its Dividend Of CA$0.28
May 20Calian Group (TSE:CGY) Has Announced A Dividend Of CA$0.28
Feb 14Calian Group (TSE:CGY) Has Announced A Dividend Of CA$0.28
Nov 30Financial Position Analysis
Short Term Liabilities: CGY's short term assets (CA$305.6M) exceed its short term liabilities (CA$302.1M).
Long Term Liabilities: CGY's short term assets (CA$305.6M) exceed its long term liabilities (CA$71.6M).
Debt to Equity History and Analysis
Debt Level: CGY's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: CGY's debt to equity ratio has increased from 12.1% to 28.4% over the past 5 years.
Debt Coverage: CGY's debt is well covered by operating cash flow (52.3%).
Interest Coverage: CGY's interest payments on its debt are well covered by EBIT (20.2x coverage).