Cascades Balance Sheet Health
Financial Health criteria checks 2/6
Cascades has a total shareholder equity of CA$1.8B and total debt of CA$1.9B, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are CA$4.9B and CA$3.1B respectively. Cascades's EBIT is CA$179.0M making its interest coverage ratio 1.3. It has cash and short-term investments of CA$34.0M.
Key information
106.2%
Debt to equity ratio
CA$1.86b
Debt
| Interest coverage ratio | 1.3x |
| Cash | CA$34.00m |
| Equity | CA$1.75b |
| Total liabilities | CA$3.11b |
| Total assets | CA$4.86b |
Recent financial health updates
Cascades (TSE:CAS) Use Of Debt Could Be Considered Risky
Dec 16
These 4 Measures Indicate That Cascades (TSE:CAS) Is Using Debt Extensively
Dec 05Is Cascades (TSE:CAS) A Risky Investment?
Jun 13Is Cascades (TSE:CAS) Using Too Much Debt?
Feb 16Is Cascades (TSE:CAS) A Risky Investment?
Sep 13Recent updates
Cascades (TSE:CAS) Use Of Debt Could Be Considered Risky
Dec 16Cascades (TSE:CAS) Has Affirmed Its Dividend Of CA$0.12
Nov 12Cascades Inc. (TSE:CAS) Released Earnings Last Week And Analysts Lifted Their Price Target To CA$12.42
Nov 10Cascades (TSE:CAS) Is Paying Out A Dividend Of CA$0.12
Aug 11Cascades (TSE:CAS) Will Pay A Dividend Of CA$0.12
May 14These 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 14Financial Position Analysis
Short Term Liabilities: CAS's short term assets (CA$1.2B) exceed its short term liabilities (CA$971.0M).
Long Term Liabilities: CAS's short term assets (CA$1.2B) do not cover its long term liabilities (CA$2.1B).
Debt to Equity History and Analysis
Debt Level: CAS's net debt to equity ratio (104.2%) is considered high.
Reducing Debt: CAS's debt to equity ratio has reduced from 115.1% to 106.2% over the past 5 years.
Debt Coverage: CAS's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: CAS's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 08:10 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cascades Inc. is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Atkinson | BMO Capital Markets Equity Research |
| Hamir Patel | CIBC Capital Markets |
| Frederic Tremblay | Desjardins Securities Inc. |