CECO Environmental Balance Sheet Health
Financial Health criteria checks 4/6
CECO Environmental has a total shareholder equity of $237.5M and total debt of $139.8M, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are $600.3M and $362.8M respectively. CECO Environmental's EBIT is $40.2M making its interest coverage ratio 3. It has cash and short-term investments of $54.8M.
Key information
58.9%
Debt to equity ratio
US$139.78m
Debt
| Interest coverage ratio | 3x |
| Cash | US$54.78m |
| Equity | US$237.49m |
| Total liabilities | US$362.80m |
| Total assets | US$600.29m |
Recent financial health updates
Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?
Sep 03
Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?
Apr 08Is CECO Environmental (NASDAQ:CECE) A Risky Investment?
Nov 13We Think CECO Environmental (NASDAQ:CECE) Can Stay On Top Of Its Debt
May 15Recent updates
CECO 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 17Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?
Apr 08Are CECO Environmental Corp. (NASDAQ:CECE) Investors Paying Above The Intrinsic Value?
Mar 19Is CECO Environmental (NASDAQ:CECE) A Risky Investment?
Nov 13Is CECO Environmental Corp. (NASDAQ:CECE) Potentially Undervalued?
Jun 14We Think CECO Environmental (NASDAQ:CECE) Can Stay On Top Of Its Debt
May 15Financial Position Analysis
Short Term Liabilities: CECO's short term assets ($281.4M) exceed its short term liabilities ($203.1M).
Long Term Liabilities: CECO's short term assets ($281.4M) exceed its long term liabilities ($159.7M).
Debt to Equity History and Analysis
Debt Level: CECO's net debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: CECO's debt to equity ratio has increased from 42.7% to 58.9% over the past 5 years.
Debt Coverage: CECO's debt is well covered by operating cash flow (31.9%).
Interest Coverage: CECO's interest payments on its debt are not well covered by EBIT (3x coverage).