CES Energy Solutions Balance Sheet Health
Financial Health criteria checks 5/6
CES Energy Solutions has a total shareholder equity of CA$658.0M and total debt of CA$390.6M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are CA$1.4B and CA$719.3M respectively.
Key information
59.4%
Debt to equity ratio
CA$390.62m
Debt
| Interest coverage ratio | 5.1x |
| Cash | n/a |
| Equity | CA$658.00m |
| Total liabilities | CA$719.27m |
| Total assets | CA$1.38b |
Recent financial health updates
No updates
Recent updates
Why The 21% Return On Capital At CES Energy Solutions (TSE:CEU) Should Have Your Attention
Apr 30
CES Energy Solutions' (TSE:CEU) Upcoming Dividend Will Be Larger Than Last Year's
Mar 14We Ran A Stock Scan For Earnings Growth And CES Energy Solutions (TSE:CEU) Passed With Ease
Mar 02CES Energy Solutions Corp. (TSE:CEU) Shares Could Be 42% Below Their Intrinsic Value Estimate
Feb 06CES Energy Solutions (TSE:CEU) Could Become A Multi-Bagger
Jan 16CES Energy Solutions' (TSE:CEU) Dividend Will Be CA$0.025
Sep 19Shareholders Would Enjoy A Repeat Of CES Energy Solutions' (TSE:CEU) Recent Growth In Returns
Sep 13CES Energy Solutions (TSE:CEU) Is Increasing Its Dividend To CA$0.025
May 25CES Energy Solutions' (TSE:CEU) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 14Financial Position Analysis
Short Term Liabilities: CEU's short term assets (CA$880.8M) exceed its short term liabilities (CA$298.2M).
Long Term Liabilities: CEU's short term assets (CA$880.8M) exceed its long term liabilities (CA$421.1M).
Debt to Equity History and Analysis
Debt Level: CEU's net debt to equity ratio (59.4%) is considered high.
Reducing Debt: CEU's debt to equity ratio has reduced from 65.3% to 59.4% over the past 5 years.
Debt Coverage: CEU's debt is well covered by operating cash flow (77.3%).
Interest Coverage: CEU's interest payments on its debt are well covered by EBIT (5.1x coverage).