CanadaBis Capital Balance Sheet Health
Financial Health criteria checks 2/6
CanadaBis Capital has a total shareholder equity of CA$8.1M and total debt of CA$6.1M, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are CA$24.5M and CA$16.4M respectively. CanadaBis Capital's EBIT is CA$833.8K making its interest coverage ratio 1.6. It has cash and short-term investments of CA$1.7M.
Key information
75.2%
Debt to equity ratio
CA$6.09m
Debt
| Interest coverage ratio | 1.6x |
| Cash | CA$1.68m |
| Equity | CA$8.10m |
| Total liabilities | CA$16.45m |
| Total assets | CA$24.55m |
Recent financial health updates
We Think CanadaBis Capital (CVE:CANB) Is Taking Some Risk With Its Debt
Aug 19
CanadaBis Capital (CVE:CANB) Has A Pretty Healthy Balance Sheet
May 09Is CanadaBis Capital (CVE:CANB) Using Too Much Debt?
Dec 01CanadaBis Capital (CVE:CANB) Seems To Use Debt Quite Sensibly
Jul 17Auditors Have Doubts About CanadaBis Capital (CVE:CANB)
Dec 01Is CanadaBis Capital (CVE:CANB) A Risky Investment?
Aug 13Recent updates
CanadaBis Capital Inc. (CVE:CANB) Not Doing Enough For Some Investors As Its Shares Slump 33%
Dec 03Why Investors Shouldn't Be Surprised By CanadaBis Capital Inc.'s (CVE:CANB) Low P/E
Oct 13We Think CanadaBis Capital (CVE:CANB) Is Taking Some Risk With Its Debt
Aug 19Why Investors Shouldn't Be Surprised By CanadaBis Capital Inc.'s (CVE:CANB) 29% Share Price Plunge
Jul 14CanadaBis Capital (CVE:CANB) Has A Pretty Healthy Balance Sheet
May 09Earnings Working Against CanadaBis Capital Inc.'s (CVE:CANB) Share Price Following 48% Dive
Apr 02If EPS Growth Is Important To You, CanadaBis Capital (CVE:CANB) Presents An Opportunity
Feb 12Is CanadaBis Capital (CVE:CANB) Using Too Much Debt?
Dec 01CanadaBis Capital (CVE:CANB) Seems To Use Debt Quite Sensibly
Jul 17CanadaBis Capital Inc.'s (CVE:CANB) Shares Climb 70% But Its Business Is Yet to Catch Up
Apr 17Auditors Have Doubts About CanadaBis Capital (CVE:CANB)
Dec 01Is CanadaBis Capital (CVE:CANB) A Risky Investment?
Aug 13Is CanadaBis Capital (CVE:CANB) Using Too Much Debt?
Apr 30Is CanadaBis Capital (CVE:CANB) Using Debt Sensibly?
Jan 13Is CanadaBis Capital (CVE:CANB) Using Too Much Debt?
Apr 07Have Insiders Been Selling CanadaBis Capital Inc. (CVE:CANB) Shares This Year?
Feb 14Here's Why CanadaBis Capital (CVE:CANB) Can Afford Some Debt
Dec 23
Financial Position Analysis
Short Term Liabilities: CANB's short term assets (CA$13.7M) exceed its short term liabilities (CA$11.9M).
Long Term Liabilities: CANB's short term assets (CA$13.7M) exceed its long term liabilities (CA$4.5M).
Debt to Equity History and Analysis
Debt Level: CANB's net debt to equity ratio (54.5%) is considered high.
Reducing Debt: CANB's debt to equity ratio has increased from 66.3% to 75.2% over the past 5 years.
Debt Coverage: CANB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CANB's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:29 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/07/31 |
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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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
CanadaBis Capital Inc. is covered by 0 analysts. 0 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 |
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