Civeo Balance Sheet Health
Financial Health criteria checks 5/6
Civeo has a total shareholder equity of $283.9M and total debt of $50.1M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are $477.6M and $193.7M respectively. Civeo's EBIT is $14.5M making its interest coverage ratio 1.7. It has cash and short-term investments of $17.9M.
Key information
17.6%
Debt to equity ratio
US$50.08m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$17.91m |
| Equity | US$283.94m |
| Total liabilities | US$193.69m |
| Total assets | US$477.64m |
Recent financial health updates
Recent updates
Civeo Corporation: Some Favorable Narratives, But A Challenging Q4 Beckons
Nov 14Impressive Earnings May Not Tell The Whole Story For Civeo (NYSE:CVEO)
Nov 06
Civeo Corporation: Incredibly Cheap Even After Its Recent Rally
Sep 05Civeo Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 01Returns At Civeo (NYSE:CVEO) Are On The Way Up
Jul 18Civeo Corp: Still Stellar Even As Shares Lag
Jun 14Civeo Corporation: Dividend Yield, And Promising Forward EBITDA And CapEx Plans Warrant A Buy Rating
Jun 06Shareholders May Be More Conservative With Civeo Corporation's (NYSE:CVEO) CEO Compensation For Now
May 09Solid 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 03Financial Position Analysis
Short Term Liabilities: CVEO's short term assets ($145.5M) exceed its short term liabilities ($106.8M).
Long Term Liabilities: CVEO's short term assets ($145.5M) exceed its long term liabilities ($86.9M).
Debt to Equity History and Analysis
Debt Level: CVEO's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: CVEO's debt to equity ratio has reduced from 77.4% to 17.6% over the past 5 years.
Debt Coverage: CVEO's debt is well covered by operating cash flow (227.6%).
Interest Coverage: CVEO's interest payments on its debt are not well covered by EBIT (1.7x coverage).