CEMATRIX Balance Sheet Health
Financial Health criteria checks 6/6
CEMATRIX has a total shareholder equity of CA$35.4M and total debt of CA$1.0M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CA$42.3M and CA$6.9M respectively. CEMATRIX's EBIT is CA$1.6M making its interest coverage ratio 13. It has cash and short-term investments of CA$9.9M.
Key information
2.9%
Debt to equity ratio
CA$1.04m
Debt
| Interest coverage ratio | 13x |
| Cash | CA$9.93m |
| Equity | CA$35.37m |
| Total liabilities | CA$6.89m |
| Total assets | CA$42.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTXX.F's short term assets (CA$19.8M) exceed its short term liabilities (CA$4.0M).
Long Term Liabilities: CTXX.F's short term assets (CA$19.8M) exceed its long term liabilities (CA$2.9M).
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 161.3% to 2.9% over the past 5 years.
Debt Coverage: CTXX.F's debt is well covered by operating cash flow (509.1%).
Interest Coverage: CTXX.F's interest payments on its debt are well covered by EBIT (13x coverage).