Calian Group Balance Sheet Health
Financial Health criteria checks 5/6
Calian Group has a total shareholder equity of CA$333.9M and total debt of CA$94.2M, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are CA$699.1M and CA$365.2M respectively. Calian Group's EBIT is CA$51.9M making its interest coverage ratio 9.5. It has cash and short-term investments of CA$46.0M.
Key information
28.2%
Debt to equity ratio
CA$94.24m
Debt
| Interest coverage ratio | 9.5x |
| Cash | CA$46.00m |
| Equity | CA$333.94m |
| Total liabilities | CA$365.19m |
| Total assets | CA$699.13m |
Recent financial health updates
Recent updates
Calian Group's (TSE:CGY) Dividend Will Be CA$0.28
Aug 13
Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28
May 21Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28
Feb 22We 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 20Financial Position Analysis
Short Term Liabilities: CGY's short term assets (CA$263.2M) exceed its short term liabilities (CA$191.4M).
Long Term Liabilities: CGY's short term assets (CA$263.2M) exceed its long term liabilities (CA$173.7M).
Debt to Equity History and Analysis
Debt Level: CGY's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: CGY's debt to equity ratio has increased from 11% to 28.2% over the past 5 years.
Debt Coverage: CGY's debt is well covered by operating cash flow (96%).
Interest Coverage: CGY's interest payments on its debt are well covered by EBIT (9.5x coverage).