Calian Group Balance Sheet Health
Financial Health criteria checks 5/6
Calian Group has a total shareholder equity of CA$333.9M and total debt of CA$94.2M, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are CA$699.1M and CA$365.2M respectively. Calian Group's EBIT is CA$51.9M making its interest coverage ratio 9.5. It has cash and short-term investments of CA$46.0M.
Key information
28.2%
Debt to equity ratio
CA$94.24m
Debt
| Interest coverage ratio | 9.5x |
| Cash | CA$46.00m |
| Equity | CA$333.94m |
| Total liabilities | CA$365.19m |
| Total assets | CA$699.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLNF.F's short term assets (CA$263.2M) exceed its short term liabilities (CA$191.4M).
Long Term Liabilities: CLNF.F's short term assets (CA$263.2M) exceed its long term liabilities (CA$173.7M).
Debt to Equity History and Analysis
Debt Level: CLNF.F's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: CLNF.F's debt to equity ratio has increased from 11% to 28.2% over the past 5 years.
Debt Coverage: CLNF.F's debt is well covered by operating cash flow (96%).
Interest Coverage: CLNF.F's interest payments on its debt are well covered by EBIT (9.5x coverage).