CECO Environmental Balance Sheet Health
Financial Health criteria checks 5/6
CECO Environmental has a total shareholder equity of $245.9M and total debt of $135.1M, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are $621.5M and $375.6M respectively. CECO Environmental's EBIT is $41.5M making its interest coverage ratio 3.1. It has cash and short-term investments of $38.7M.
Key information
54.9%
Debt to equity ratio
US$135.10m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$38.70m |
| Equity | US$245.88m |
| Total liabilities | US$375.63m |
| Total assets | US$621.51m |
Recent financial health updates
Is CECO Environmental (NASDAQ:CECO) A Risky Investment?
Oct 30
Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?
Sep 03Recent updates
We 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 30Is 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 28Are Investors Undervaluing CECO Environmental Corp. (NASDAQ:CECO) By 50%?
Jun 08Is Now An Opportune Moment To Examine CECO Environmental Corp. (NASDAQ:CECO)?
Apr 05News Flash: Analysts Just Made A Meaningful Upgrade To Their CECO Environmental Corp. (NASDAQ:CECO) Forecasts
Nov 12Should You Investigate CECO Environmental Corp. (NASDAQ:CECE) At US$11.51?
Oct 25CECO Environmental: Impressive Turnaround That Will Still Flourish Even In A Recession
Sep 10Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?
Sep 03CECO Environmental reports Q2 earnings beat; raises FY22 outlook
Aug 08CECO Environmental (NASDAQ:CECE) Could Be Struggling To Allocate Capital
Jun 17Financial Position Analysis
Short Term Liabilities: CECO's short term assets ($276.3M) exceed its short term liabilities ($213.2M).
Long Term Liabilities: CECO's short term assets ($276.3M) exceed its long term liabilities ($162.5M).
Debt to Equity History and Analysis
Debt Level: CECO's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: CECO's debt to equity ratio has increased from 36.6% to 54.9% over the past 5 years.
Debt Coverage: CECO's debt is well covered by operating cash flow (28.2%).
Interest Coverage: CECO's interest payments on its debt are well covered by EBIT (3.1x coverage).