CEMATRIX Balance Sheet Health
Financial Health criteria checks 6/6
CEMATRIX has a total shareholder equity of CA$28.7M and total debt of CA$1.9M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CA$39.3M and CA$10.6M respectively. CEMATRIX's EBIT is CA$2.4M making its interest coverage ratio 7.5. It has cash and short-term investments of CA$3.5M.
Key information
6.7%
Debt to equity ratio
CA$1.93m
Debt
Interest coverage ratio | 7.5x |
Cash | CA$3.49m |
Equity | CA$28.72m |
Total liabilities | CA$10.56m |
Total assets | CA$39.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTXX.F's short term assets (CA$17.9M) exceed its short term liabilities (CA$8.3M).
Long Term Liabilities: CTXX.F's short term assets (CA$17.9M) exceed its long term liabilities (CA$2.2M).
Debt to Equity History and Analysis
Debt Level: CTXX.F has more cash than its total debt.
Reducing Debt: CTXX.F's debt to equity ratio has reduced from 216.1% to 6.7% over the past 5 years.
Debt Coverage: CTXX.F's debt is well covered by operating cash flow (26.1%).
Interest Coverage: CTXX.F's interest payments on its debt are well covered by EBIT (7.5x coverage).