CanAsia Energy Balance Sheet Health
Financial Health criteria checks 6/6
CanAsia Energy has a total shareholder equity of CA$8.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$15.1M and CA$6.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.37m |
| Equity | CA$8.52m |
| Total liabilities | CA$6.57m |
| Total assets | CA$15.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEC's short term assets (CA$7.8M) exceed its short term liabilities (CA$4.0M).
Long Term Liabilities: CEC's short term assets (CA$7.8M) 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.