CEMATRIX Balance Sheet Health
Financial Health criteria checks 6/6
CEMATRIX has a total shareholder equity of CA$29.7M and total debt of CA$2.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CA$36.1M and CA$6.4M respectively. CEMATRIX's EBIT is CA$4.0M making its interest coverage ratio 19.6. It has cash and short-term investments of CA$8.1M.
Key information
6.7%
Debt to equity ratio
CA$1.98m
Debt
Interest coverage ratio | 19.6x |
Cash | CA$8.09m |
Equity | CA$29.65m |
Total liabilities | CA$6.41m |
Total assets | CA$36.06m |
Recent financial health updates
Is CEMATRIX (CVE:CVX) Using Debt In A Risky Way?
Nov 10Is CEMATRIX (CVE:CVX) Using Too Much Debt?
Dec 15Is CEMATRIX (CVE:CVX) Using Too Much Debt?
Aug 05Is CEMATRIX (CVE:CVX) Weighed On By Its Debt Load?
Mar 21Is CEMATRIX (CVE:CVX) Using Too Much Debt?
Dec 03Here's Why CEMATRIX (CVE:CVX) Can Afford Some Debt
Mar 10Recent updates
Fewer Investors Than Expected Jumping On CEMATRIX Corporation (TSE:CEMX)
Jul 24A Piece Of The Puzzle Missing From CEMATRIX Corporation's (CVE:CVX) 26% Share Price Climb
Apr 24CEMATRIX Corporation's (CVE:CVX) Subdued P/S Might Signal An Opportunity
Feb 06Is CEMATRIX (CVE:CVX) Using Debt In A Risky Way?
Nov 10CEMATRIX Corporation (CVE:CVX) Doing What It Can To Lift Shares
Jul 01Is CEMATRIX (CVE:CVX) Using Too Much Debt?
Dec 15Is CEMATRIX (CVE:CVX) Using Too Much Debt?
Aug 05Is CEMATRIX (CVE:CVX) Weighed On By Its Debt Load?
Mar 21Is CEMATRIX (CVE:CVX) Using Too Much Debt?
Dec 03Calculating The Intrinsic Value Of CEMATRIX Corporation (CVE:CVX)
Jul 21At CA$0.50, Is CEMATRIX Corporation (CVE:CVX) Worth Looking At Closely?
May 26Here's Why CEMATRIX (CVE:CVX) Can Afford Some Debt
Mar 10How Much Is CEMATRIX's (CVE:CVX) CEO Getting Paid?
Nov 25Financial Position Analysis
Short Term Liabilities: CEMX's short term assets (CA$13.8M) exceed its short term liabilities (CA$3.6M).
Long Term Liabilities: CEMX's short term assets (CA$13.8M) exceed its long term liabilities (CA$2.8M).
Debt to Equity History and Analysis
Debt Level: CEMX has more cash than its total debt.
Reducing Debt: CEMX's debt to equity ratio has reduced from 264.6% to 6.7% over the past 5 years.
Debt Coverage: CEMX's debt is well covered by operating cash flow (282.1%).
Interest Coverage: CEMX's interest payments on its debt are well covered by EBIT (19.6x coverage).