SATO Technologies Balance Sheet Health
Financial Health criteria checks 3/6
SATO Technologies has a total shareholder equity of CA$10.6M and total debt of CA$7.9M, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are CA$24.5M and CA$13.9M respectively. SATO Technologies's EBIT is CA$5.3M making its interest coverage ratio 5.1. It has cash and short-term investments of CA$686.0K.
Key information
74.7%
Debt to equity ratio
CA$7.91m
Debt
Interest coverage ratio | 5.1x |
Cash | CA$686.01k |
Equity | CA$10.58m |
Total liabilities | CA$13.91m |
Total assets | CA$24.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCPU.F's short term assets (CA$9.5M) exceed its short term liabilities (CA$6.2M).
Long Term Liabilities: CCPU.F's short term assets (CA$9.5M) exceed its long term liabilities (CA$7.7M).
Debt to Equity History and Analysis
Debt Level: CCPU.F's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: CCPU.F's debt to equity ratio has increased from 54.7% to 74.7% over the past 5 years.
Debt Coverage: CCPU.F's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: CCPU.F's interest payments on its debt are well covered by EBIT (5.1x coverage).