Cascades Balance Sheet Health
Financial Health criteria checks 3/6
Cascades has a total shareholder equity of CA$1.8B and total debt of CA$1.7B, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are CA$4.8B and CA$3.0B respectively. Cascades's EBIT is CA$266.0M making its interest coverage ratio 2.1. It has cash and short-term investments of CA$54.0M.
Key information
98.1%
Debt to equity ratio
CA$1.75b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CA$54.00m |
| Equity | CA$1.78b |
| Total liabilities | CA$2.99b |
| Total assets | CA$4.77b |
Recent financial health updates
These 4 Measures Indicate That Cascades (TSE:CAS) Is Using Debt Extensively
Dec 05
Is Cascades (TSE:CAS) A Risky Investment?
Jun 13Is Cascades (TSE:CAS) Using Too Much Debt?
Feb 16Is Cascades (TSE:CAS) A Risky Investment?
Sep 13Is Cascades (TSE:CAS) Using Too Much Debt?
Aug 06Here's Why Cascades (TSE:CAS) Has A Meaningful Debt Burden
Apr 19Recent updates
These 4 Measures Indicate That Cascades (TSE:CAS) Is Using Debt Extensively
Dec 05Is Cascades (TSE:CAS) A Risky Investment?
Jun 13Cascades (TSE:CAS) Will Pay A Dividend Of CA$0.12
May 15Is Cascades (TSE:CAS) Using Too Much Debt?
Feb 16Is Cascades (TSE:CAS) A Risky Investment?
Sep 13Cascades (TSE:CAS) Has Announced A Dividend Of CA$0.12
Aug 09Cascades Inc.'s (TSE:CAS) Intrinsic Value Is Potentially 33% Above Its Share Price
Jun 14Calculating The Intrinsic Value Of Cascades Inc. (TSE:CAS)
Mar 04Cascades' (TSE:CAS) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 16Cascades (TSE:CAS) Is Increasing Its Dividend To CA$0.12
Aug 08Is Cascades (TSE:CAS) Using Too Much Debt?
Aug 06Cascades Inc.'s (TSE:CAS) Intrinsic Value Is Potentially 52% Above Its Share Price
May 31Shareholders May Be More Conservative With Cascades Inc.'s (TSE:CAS) CEO Compensation For Now
Apr 30Here's Why Cascades (TSE:CAS) Has A Meaningful Debt Burden
Apr 19Financial Position Analysis
Short Term Liabilities: CAS's short term assets (CA$1.1B) exceed its short term liabilities (CA$819.0M).
Long Term Liabilities: CAS's short term assets (CA$1.1B) do not cover its long term liabilities (CA$2.2B).
Debt to Equity History and Analysis
Debt Level: CAS's net debt to equity ratio (95.1%) is considered high.
Reducing Debt: CAS's debt to equity ratio has reduced from 106.8% to 98.1% over the past 5 years.
Debt Coverage: CAS's debt is well covered by operating cash flow (29.2%).
Interest Coverage: CAS's interest payments on its debt are not well covered by EBIT (2.1x coverage).