CWC Energy Services Balance Sheet Health
Financial Health criteria checks 5/6
CWC Energy Services has a total shareholder equity of CA$212.3M and total debt of CA$39.9M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are CA$286.7M and CA$74.4M respectively. CWC Energy Services's EBIT is CA$28.0M making its interest coverage ratio 9.9. It has cash and short-term investments of CA$375.0K.
Key information
18.8%
Debt to equity ratio
CA$39.90m
Debt
| Interest coverage ratio | 9.9x |
| Cash | CA$375.00k |
| Equity | CA$212.30m |
| Total liabilities | CA$74.39m |
| Total assets | CA$286.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAWL.F's short term assets (CA$33.1M) exceed its short term liabilities (CA$13.1M).
Long Term Liabilities: CAWL.F's short term assets (CA$33.1M) do not cover its long term liabilities (CA$61.3M).
Debt to Equity History and Analysis
Debt Level: CAWL.F's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: CAWL.F's debt to equity ratio has reduced from 19.6% to 18.8% over the past 5 years.
Debt Coverage: CAWL.F's debt is well covered by operating cash flow (114.2%).
Interest Coverage: CAWL.F's interest payments on its debt are well covered by EBIT (9.9x coverage).