Ceres Global Ag Balance Sheet Health
Financial Health criteria checks 2/6
Ceres Global Ag has a total shareholder equity of $150.6M and total debt of $85.2M, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are $315.9M and $165.3M respectively. Ceres Global Ag's EBIT is $8.7M making its interest coverage ratio 1.4. It has cash and short-term investments of $4.7M.
Key information
56.6%
Debt to equity ratio
US$85.24m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$4.72m |
| Equity | US$150.63m |
| Total liabilities | US$165.29m |
| Total assets | US$315.92m |
Recent financial health updates
Is Ceres Global Ag (TSE:CRP) Using Too Much Debt?
Feb 15
Does Ceres Global Ag (TSE:CRP) Have A Healthy Balance Sheet?
Oct 24Does Ceres Global Ag (TSE:CRP) Have A Healthy Balance Sheet?
Jul 22These 4 Measures Indicate That Ceres Global Ag (TSE:CRP) Is Using Debt In A Risky Way
Feb 07Ceres Global Ag (TSE:CRP) Takes On Some Risk With Its Use Of Debt
Sep 17Here's Why Ceres Global Ag (TSE:CRP) Has A Meaningful Debt Burden
Nov 17Recent updates
Ceres Global Ag's (TSE:CRP) Earnings Might Not Be As Promising As They Seem
Feb 21Is Ceres Global Ag (TSE:CRP) Using Too Much Debt?
Feb 15Does Ceres Global Ag (TSE:CRP) Have A Healthy Balance Sheet?
Oct 24Does Ceres Global Ag (TSE:CRP) Have A Healthy Balance Sheet?
Jul 22Ceres Global Ag (TSE:CRP) Is Looking To Continue Growing Its Returns On Capital
May 13These 4 Measures Indicate That Ceres Global Ag (TSE:CRP) Is Using Debt In A Risky Way
Feb 07Ceres Global Ag (TSE:CRP) Takes On Some Risk With Its Use Of Debt
Sep 17Ceres Global Ag (TSE:CRP) Shareholders Will Want The ROCE Trajectory To Continue
Jul 27Investors Will Want Ceres Global Ag's (TSE:CRP) Growth In ROCE To Persist
Mar 01Here's Why Ceres Global Ag (TSE:CRP) Has A Meaningful Debt Burden
Nov 17Ceres Global Ag (TSE:CRP) Seems To Be Using A Lot Of Debt
Mar 30Is Ceres Global Ag Corp. (TSE:CRP) Popular Amongst Institutions?
Mar 04Does Ceres Global Ag (TSE:CRP) Have The Makings Of A Multi-Bagger?
Feb 06How Much Did Ceres Global Ag's(TSE:CRP) Shareholders Earn From Share Price Movements Over The Last Five Years?
Jan 11Should You Use Ceres Global Ag's (TSE:CRP) Statutory Earnings To Analyse It?
Dec 15
Does Ceres Global Ag (TSE:CRP) Have A Healthy Balance Sheet?
Nov 19Financial Position Analysis
Short Term Liabilities: CRP's short term assets ($177.8M) exceed its short term liabilities ($123.4M).
Long Term Liabilities: CRP's short term assets ($177.8M) exceed its long term liabilities ($41.9M).
Debt to Equity History and Analysis
Debt Level: CRP's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: CRP's debt to equity ratio has increased from 46% to 56.6% over the past 5 years.
Debt Coverage: CRP's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: CRP's interest payments on its debt are not well covered by EBIT (1.4x coverage).