CES Energy Solutions Balance Sheet Health
Financial Health criteria checks 5/6
CES Energy Solutions has a total shareholder equity of CA$658.0M and total debt of CA$390.6M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are CA$1.4B and CA$719.3M respectively.
Key information
59.4%
Debt to equity ratio
CA$390.62m
Debt
Interest coverage ratio | 5.1x |
Cash | n/a |
Equity | CA$658.00m |
Total liabilities | CA$719.27m |
Total assets | CA$1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7C4's short term assets (CA$880.8M) exceed its short term liabilities (CA$298.2M).
Long Term Liabilities: 7C4's short term assets (CA$880.8M) exceed its long term liabilities (CA$421.1M).
Debt to Equity History and Analysis
Debt Level: 7C4's net debt to equity ratio (59.4%) is considered high.
Reducing Debt: 7C4's debt to equity ratio has reduced from 65.3% to 59.4% over the past 5 years.
Debt Coverage: 7C4's debt is well covered by operating cash flow (77.3%).
Interest Coverage: 7C4's interest payments on its debt are well covered by EBIT (5.1x coverage).