CAE Balance Sheet Health
Financial Health criteria checks 1/6
CAE has a total shareholder equity of CA$4.5B and total debt of CA$3.1B, which brings its debt-to-equity ratio to 70.1%. Its total assets and total liabilities are CA$10.1B and CA$5.7B respectively. CAE's EBIT is CA$461.4M making its interest coverage ratio 2.7. It has cash and short-term investments of CA$179.7M.
Key information
70.1%
Debt to equity ratio
CA$3.13b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CA$179.70m |
| Equity | CA$4.46b |
| Total liabilities | CA$5.66b |
| Total assets | CA$10.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CE9's short term assets (CA$2.1B) do not cover its short term liabilities (CA$2.5B).
Long Term Liabilities: CE9's short term assets (CA$2.1B) do not cover its long term liabilities (CA$3.1B).
Debt to Equity History and Analysis
Debt Level: CE9's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: CE9's debt to equity ratio has reduced from 113.4% to 70.1% over the past 5 years.
Debt Coverage: CE9's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: CE9's interest payments on its debt are not well covered by EBIT (2.7x coverage).