CanAsia Energy Balance Sheet Health

Financial Health criteria checks 6/6

CanAsia Energy has a total shareholder equity of CA$9.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$15.7M and CA$6.6M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$7.99m
EquityCA$9.07m
Total liabilitiesCA$6.64m
Total assetsCA$15.71m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CEC's short term assets (CA$8.5M) exceed its short term liabilities (CA$4.1M).

Long Term Liabilities: CEC's short term assets (CA$8.5M) exceed its long term liabilities (CA$2.5M).


Debt to Equity History and Analysis

Debt Level: CEC is debt free.

Reducing Debt: CEC has not had any debt for past 5 years.

Debt Coverage: CEC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CEC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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