CAE Balance Sheet Health
Financial Health criteria checks 1/6
CAE has a total shareholder equity of CA$4.7B and total debt of CA$2.8B, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are CA$10.5B and CA$5.7B respectively. CAE's EBIT is CA$542.5M making its interest coverage ratio 3.2. It has cash and short-term investments of CA$124.5M.
Key information
58.2%
Debt to equity ratio
CA$2.75b
Debt
Interest coverage ratio | 3.2x |
Cash | CA$124.50m |
Equity | CA$4.73b |
Total liabilities | CA$5.74b |
Total assets | CA$10.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CE9's short term assets (CA$2.4B) do not cover its short term liabilities (CA$2.7B).
Long Term Liabilities: CE9's short term assets (CA$2.4B) 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 (55.6%) is considered high.
Reducing Debt: CE9's debt to equity ratio has increased from 56.9% to 58.2% over the past 5 years.
Debt Coverage: CE9's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: CE9's interest payments on its debt are well covered by EBIT (3.2x coverage).