Civeo Balance Sheet Health
Financial Health criteria checks 5/6
Civeo has a total shareholder equity of $323.0M and total debt of $65.6M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are $548.1M and $225.0M respectively. Civeo's EBIT is $22.3M making its interest coverage ratio 1.7. It has cash and short-term investments of $3.3M.
Key information
20.3%
Debt to equity ratio
US$65.55m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$3.32m |
| Equity | US$323.04m |
| Total liabilities | US$225.02m |
| Total assets | US$548.06m |
Recent financial health updates
Does Civeo (NYSE:CVEO) Have A Healthy Balance Sheet?
Jun 16
We Think Civeo (NYSE:CVEO) Can Stay On Top Of Its Debt
Apr 11Health Check: How Prudently Does Civeo (NYSE:CVEO) Use Debt?
Apr 29Does Civeo (NYSE:CVEO) Have A Healthy Balance Sheet?
Jan 06
Recent updates
Solid Earnings May Not Tell The Whole Story For Civeo (NYSE:CVEO)
Mar 12Civeo Corp.: Shares Aren't Even Close To Being Fairly Valued
Mar 11Civeo Corporation's (NYSE:CVEO) Prospects Need A Boost To Lift Shares
Nov 03Civeo Corporation: Another Upgrade Is Warranted
Nov 02Civeo Corp.: Attractive Even In Light Of Recent Weakness
Aug 02Does Civeo (NYSE:CVEO) Have A Healthy Balance Sheet?
Jun 16Civeo books 5-year contract for rooms and hospitality services in Australia
Jan 31Civeo gets five-year contract renewal for integrated services in Australia
Nov 15Civeo Corporation: A Great Business That Keeps Getting Better
Nov 08CVEO GAAP EPS of $0.32 misses by $0.02, revenue of $184.2M beats by $10.39M, raises FY guidance
Oct 28Civeo to repurchase 375K shares from shareholder
Aug 15Investors Shouldn't Be Too Comfortable With Civeo's (NYSE:CVEO) Robust Earnings
Aug 05CVEO GAAP EPS of $0.54 beats by $0.02, revenue of $184.95M beats by $7.74M
Jul 29Here's Why We Think Civeo (NYSE:CVEO) Might Deserve Your Attention Today
Jul 21Civeo bags a 12-year contract renewal in Canada
Jul 18Civeo: Shares Can Still Go Higher
May 03We Think Civeo (NYSE:CVEO) Can Stay On Top Of Its Debt
Apr 11Civeo Corp: Robust Upside Still On The Table
Nov 18Civeo Corp.: Debt Reduction Points To A Robust Bull Run
Sep 06Civeo Corp: Attractive Upside Potential Still Exists
May 27Civeo Corporation's (NYSE:CVEO) CEO Compensation Is Looking A Bit Stretched At The Moment
May 13CVEO EPS misses by $0.14, beats on revenue
Apr 30Health Check: How Prudently Does Civeo (NYSE:CVEO) Use Debt?
Apr 29Breakeven On The Horizon For Civeo Corporation (NYSE:CVEO)
Feb 28Is Civeo Corporation (NYSE:CVEO) Popular Amongst Institutions?
Feb 01Does Civeo (NYSE:CVEO) Have A Healthy Balance Sheet?
Jan 06Investors Who Bought Civeo (NYSE:CVEO) Shares A Year Ago Are Now Up 43%
Dec 11Civeo Corp.: Strong Upside
Dec 09Civeo regains NYSE minimum price listing compliance
Dec 03Financial Position Analysis
Short Term Liabilities: CVEO's short term assets ($175.2M) exceed its short term liabilities ($114.2M).
Long Term Liabilities: CVEO's short term assets ($175.2M) exceed its long term liabilities ($110.8M).
Debt to Equity History and Analysis
Debt Level: CVEO's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: CVEO's debt to equity ratio has reduced from 70.3% to 20.3% over the past 5 years.
Debt Coverage: CVEO's debt is well covered by operating cash flow (147.3%).
Interest Coverage: CVEO's interest payments on its debt are not well covered by EBIT (1.7x coverage).