CECO Environmental Balance Sheet Health
Financial Health criteria checks 2/6
CECO Environmental has a total shareholder equity of $313.6M and total debt of $220.9M, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are $891.9M and $578.3M respectively. CECO Environmental's EBIT is $48.7M making its interest coverage ratio 2.5. It has cash and short-term investments of $32.8M.
Key information
70.45%
Debt to equity ratio
US$220.91m
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$32.79m |
| Equity | US$313.57m |
| Total liabilities | US$578.32m |
| Total assets | US$891.88m |
Recent financial health updates
CECO Environmental (NASDAQ:CECO) Takes On Some Risk With Its Use Of Debt
May 17
CECO Environmental (NASDAQ:CECO) Seems To Use Debt Quite Sensibly
Jan 31Is CECO Environmental (NASDAQ:CECO) A Risky Investment?
Oct 30Recent updates
CECO Environmental Corp.'s (NASDAQ:CECO) Shares Climb 56% But Its Business Is Yet to Catch Up
Aug 01CECO Environmental (NASDAQ:CECO) Takes On Some Risk With Its Use Of Debt
May 17CECO Environmental: Awaiting Margin Improvements
May 08CECO Environmental Corp.'s (NASDAQ:CECO) Share Price Is Still Matching Investor Opinion Despite 26% Slump
Apr 22Should You Think About Buying CECO Environmental Corp. (NASDAQ:CECO) Now?
Mar 13CECO Environmental (NASDAQ:CECO) Seems To Use Debt Quite Sensibly
Jan 31Why We're Not Concerned About CECO Environmental Corp.'s (NASDAQ:CECO) Share Price
Nov 27We Think You Can Look Beyond CECO Environmental's (NASDAQ:CECO) Lackluster Earnings
Nov 06CECO Environmental: Interesting Times As Expectations Rise
Oct 31Is CECO Environmental (NASDAQ:CECO) A Risky Investment?
Oct 30
Calculated Acquisitions And Market Expansion Fuel Revenue Growth Amidst Operational Challenges
CECO Environmental's strategy to grow through acquisitions and operational excellence is set to expand market presence and improve profit margins.Is It Time To Consider Buying CECO Environmental Corp. (NASDAQ:CECO)?
Sep 20CECO Environmental: High Expectations Pose A Risk If Not Met
Aug 13CECO Environmental Corp. (NASDAQ:CECO) Just Reported And Analysts Have Been Lifting Their Price Targets
Aug 01There's Been No Shortage Of Growth Recently For CECO Environmental's (NASDAQ:CECO) Returns On Capital
Jul 31Why Investors Shouldn't Be Surprised By CECO Environmental Corp.'s (NASDAQ:CECO) 26% Share Price Surge
Jul 16CECO Environmental Corp. (NASDAQ:CECO) Shares Could Be 50% Below Their Intrinsic Value Estimate
Jun 22CECO Environmental's (NASDAQ:CECO) Soft Earnings Don't Show The Whole Picture
May 07CECO Environmental (NASDAQ:CECO) Is Looking To Continue Growing Its Returns On Capital
Apr 26CECO Environmental Stock Tanks On Q4 Earnings, Opportunity Knocks
Mar 05CECO Environmental's (NASDAQ:CECO) Returns On Capital Are Heading Higher
Nov 08When Should You Buy CECO Environmental Corp. (NASDAQ:CECO)?
Jul 28Financial Position Analysis
Short Term Liabilities: CECO's short term assets ($395.5M) exceed its short term liabilities ($298.3M).
Long Term Liabilities: CECO's short term assets ($395.5M) exceed its long term liabilities ($280.0M).
Debt to Equity History and Analysis
Debt Level: CECO's net debt to equity ratio (60%) is considered high.
Reducing Debt: CECO's debt to equity ratio has increased from 37.9% to 70.5% over the past 5 years.
Debt Coverage: CECO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CECO's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/06 12:10 |
| End of Day Share Price | 2025/11/06 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
CECO Environmental Corp. is covered by 15 analysts. 6 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 |
|---|---|
| Christopher Van Horn | B. Riley Securities, Inc. |
| John Quealy | Canaccord Genuity |
| Dale Pfau | Cantor Fitzgerald & Co. |