Canso Select Opportunities Balance Sheet Health
Financial Health criteria checks 6/6
Canso Select Opportunities has a total shareholder equity of CA$30.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$30.7M and CA$332.1K respectively. Canso Select Opportunities's EBIT is CA$5.6M making its interest coverage ratio -261. It has cash and short-term investments of CA$30.4M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -261x |
| Cash | CA$30.36m |
| Equity | CA$30.37m |
| Total liabilities | CA$332.07k |
| Total assets | CA$30.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSOC.A's short term assets (CA$30.4M) exceed its short term liabilities (CA$48.3K).
Long Term Liabilities: CSOC.A's short term assets (CA$30.4M) exceed its long term liabilities (CA$283.8K).
Debt to Equity History and Analysis
Debt Level: CSOC.A is debt free.
Reducing Debt: CSOC.A has not had any debt for past 5 years.
Debt Coverage: CSOC.A has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CSOC.A has no debt, therefore coverage of interest payments is not a concern.