Ceres Global Ag Balance Sheet Health
Financial Health criteria checks 3/6
Ceres Global Ag has a total shareholder equity of $152.0M and total debt of $73.2M, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are $291.7M and $139.7M respectively. Ceres Global Ag's EBIT is $6.8M making its interest coverage ratio 1.4. It has cash and short-term investments of $3.7M.
Key information
48.1%
Debt to equity ratio
US$73.18m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$3.68m |
| Equity | US$152.02m |
| Total liabilities | US$139.72m |
| Total assets | US$291.75m |
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 (TSE:CRP) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Nov 22Risks To Shareholder Returns Are Elevated At These Prices For Ceres Global Ag Corp. (TSE:CRP)
Nov 19Ceres 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 ($158.8M) exceed its short term liabilities ($102.8M).
Long Term Liabilities: CRP's short term assets ($158.8M) exceed its long term liabilities ($36.9M).
Debt to Equity History and Analysis
Debt Level: CRP's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: CRP's debt to equity ratio has reduced from 65.4% to 48.1% over the past 5 years.
Debt Coverage: CRP's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: CRP's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/11 22:16 |
| End of Day Share Price | 2025/03/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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Industry and Sector Metrics
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Analyst Sources
Ceres Global Ag Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.