Atlas Engineered Products Balance Sheet Health
Financial Health criteria checks 4/6
Atlas Engineered Products has a total shareholder equity of CA$49.2M and total debt of CA$22.1M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are CA$83.7M and CA$34.6M respectively. Atlas Engineered Products's EBIT is CA$3.5M making its interest coverage ratio 1.5. It has cash and short-term investments of CA$18.2M.
Key information
45.1%
Debt to equity ratio
CA$22.15m
Debt
| Interest coverage ratio | 1.5x |
| Cash | CA$18.23m |
| Equity | CA$49.16m |
| Total liabilities | CA$34.59m |
| Total assets | CA$83.75m |
Recent financial health updates
We Think Atlas Engineered Products (CVE:AEP) Is Taking Some Risk With Its Debt
Mar 22
Is Atlas Engineered Products (CVE:AEP) A Risky Investment?
Nov 30Here's Why Atlas Engineered Products (CVE:AEP) Can Manage Its Debt Responsibly
Aug 24Does Atlas Engineered Products (CVE:AEP) Have A Healthy Balance Sheet?
Aug 12Atlas Engineered Products (CVE:AEP) Could Easily Take On More Debt
Apr 22Does Atlas Engineered Products (CVE:AEP) Have A Healthy Balance Sheet?
Apr 17Recent updates
Atlas Engineered Products Ltd. (CVE:AEP) Not Flying Under The Radar
Nov 30At CA$1.49, Is Atlas Engineered Products Ltd. (CVE:AEP) Worth Looking At Closely?
Apr 29We Think Atlas Engineered Products (CVE:AEP) Is Taking Some Risk With Its Debt
Mar 22There's Reason For Concern Over Atlas Engineered Products Ltd.'s (CVE:AEP) Massive 28% Price Jump
Feb 28Is It Too Late To Consider Buying Atlas Engineered Products Ltd. (CVE:AEP)?
Jan 25Is Atlas Engineered Products (CVE:AEP) A Risky Investment?
Nov 30Atlas Engineered Products Ltd.'s (CVE:AEP) CEO Will Probably Have Their Compensation Approved By Shareholders
Oct 27When Should You Buy Atlas Engineered Products Ltd. (CVE:AEP)?
Sep 23Here's Why Atlas Engineered Products (CVE:AEP) Can Manage Its Debt Responsibly
Aug 24Is There An Opportunity With Atlas Engineered Products Ltd.'s (CVE:AEP) 31% Undervaluation?
May 30Why Atlas Engineered Products Ltd. (CVE:AEP) Could Be Worth Watching
Apr 14An Intrinsic Calculation For Atlas Engineered Products Ltd. (CVE:AEP) Suggests It's 46% Undervalued
Feb 28Atlas Engineered Products Ltd.'s (CVE:AEP) Shares Lagging The Market But So Is The Business
Nov 26Does Atlas Engineered Products (CVE:AEP) Have A Healthy Balance Sheet?
Aug 12Atlas Engineered Products (CVE:AEP) Could Easily Take On More Debt
Apr 22Calculating The Intrinsic Value Of Atlas Engineered Products Ltd. (CVE:AEP)
Oct 01Estimating The Fair Value Of Atlas Engineered Products Ltd. (CVE:AEP)
Jun 26Does Atlas Engineered Products (CVE:AEP) Have A Healthy Balance Sheet?
Apr 17Atlas Engineered Products (CVE:AEP) Is Making Moderate Use Of Debt
Dec 26
Financial Position Analysis
Short Term Liabilities: AEP's short term assets (CA$36.3M) exceed its short term liabilities (CA$8.7M).
Long Term Liabilities: AEP's short term assets (CA$36.3M) exceed its long term liabilities (CA$25.9M).
Debt to Equity History and Analysis
Debt Level: AEP's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: AEP's debt to equity ratio has reduced from 105.2% to 45.1% over the past 5 years.
Debt Coverage: AEP's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: AEP's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:46 |
| End of Day Share Price | 2024/12/24 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Atlas Engineered Products Ltd. is covered by 5 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 |
|---|---|
| Russell Stanley | Beacon Securities Limited |
| Stephen Kammermayer | Clarus Securities Inc. |
| David Ocampo | Cormark Securities Inc. |