CEMATRIX Balance Sheet Health
Financial Health criteria checks 6/6
CEMATRIX has a total shareholder equity of CA$28.7M and total debt of CA$1.9M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CA$39.3M and CA$10.6M respectively. CEMATRIX's EBIT is CA$2.4M making its interest coverage ratio 7.5. It has cash and short-term investments of CA$3.5M.
Key information
6.7%
Debt to equity ratio
CA$1.93m
Debt
Interest coverage ratio | 7.5x |
Cash | CA$3.49m |
Equity | CA$28.72m |
Total liabilities | CA$10.56m |
Total assets | CA$39.28m |
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
A 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: CVX's short term assets (CA$17.9M) exceed its short term liabilities (CA$8.3M).
Long Term Liabilities: CVX's short term assets (CA$17.9M) exceed its long term liabilities (CA$2.2M).
Debt to Equity History and Analysis
Debt Level: CVX has more cash than its total debt.
Reducing Debt: CVX's debt to equity ratio has reduced from 216.1% to 6.7% over the past 5 years.
Debt Coverage: CVX's debt is well covered by operating cash flow (26.1%).
Interest Coverage: CVX's interest payments on its debt are well covered by EBIT (7.5x coverage).