CECO Environmental Balance Sheet Health
Financial Health criteria checks 4/6
CECO Environmental has a total shareholder equity of $236.2M and total debt of $137.2M, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are $589.0M and $352.9M respectively. CECO Environmental's EBIT is $42.3M making its interest coverage ratio 2.9. It has cash and short-term investments of $46.6M.
Key information
58.1%
Debt to equity ratio
US$137.15m
Debt
Interest coverage ratio | 2.9x |
Cash | US$46.56m |
Equity | US$236.15m |
Total liabilities | US$352.87m |
Total assets | US$589.02m |
Recent financial health updates
Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?
Sep 03Is CECO Environmental (NASDAQ:CECE) Using Too Much Debt?
Apr 08Is CECO Environmental (NASDAQ:CECE) A Risky Investment?
Nov 13Recent updates
CECO 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 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 14Financial Position Analysis
Short Term Liabilities: CECO's short term assets ($271.6M) exceed its short term liabilities ($196.3M).
Long Term Liabilities: CECO's short term assets ($271.6M) exceed its long term liabilities ($156.6M).
Debt to Equity History and Analysis
Debt Level: CECO's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: CECO's debt to equity ratio has increased from 42.1% to 58.1% over the past 5 years.
Debt Coverage: CECO's debt is well covered by operating cash flow (42.2%).
Interest Coverage: CECO's interest payments on its debt are not well covered by EBIT (2.9x coverage).