Cascades Balance Sheet Health
Financial Health criteria checks 3/6
Cascades has a total shareholder equity of CA$1.8B and total debt of CA$1.9B, which brings its debt-to-equity ratio to 106%. Its total assets and total liabilities are CA$4.8B and CA$3.0B respectively. Cascades's EBIT is CA$230.0M making its interest coverage ratio 1.7. It has cash and short-term investments of CA$31.0M.
Key information
106.0%
Debt to equity ratio
CA$1.88b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CA$31.00m |
| Equity | CA$1.77b |
| Total liabilities | CA$3.05b |
| Total assets | CA$4.82b |
Recent financial health updates
These 4 Measures Indicate That Cascades (TSE:CAS) Is Using Debt Extensively
Dec 05
Is Cascades (TSE:CAS) A Risky Investment?
Jun 13Is Cascades (TSE:CAS) Using Too Much Debt?
Feb 16Is Cascades (TSE:CAS) A Risky Investment?
Sep 13Recent updates
Cascades (TSE:CAS) Will Pay A Dividend Of CA$0.12
May 14These 4 Measures Indicate That Cascades (TSE:CAS) Is Using Debt Extensively
Dec 05Is Cascades (TSE:CAS) A Risky Investment?
Jun 13Cascades (TSE:CAS) Will Pay A Dividend Of CA$0.12
May 15Is Cascades (TSE:CAS) Using Too Much Debt?
Feb 16Is Cascades (TSE:CAS) A Risky Investment?
Sep 13Cascades (TSE:CAS) Has Announced A Dividend Of CA$0.12
Aug 09Cascades Inc.'s (TSE:CAS) Intrinsic Value Is Potentially 33% Above Its Share Price
Jun 14Calculating The Intrinsic Value Of Cascades Inc. (TSE:CAS)
Mar 04Cascades' (TSE:CAS) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 16Financial Position Analysis
Short Term Liabilities: CAS's short term assets (CA$1.2B) exceed its short term liabilities (CA$941.0M).
Long Term Liabilities: CAS's short term assets (CA$1.2B) do not cover its long term liabilities (CA$2.1B).
Debt to Equity History and Analysis
Debt Level: CAS's net debt to equity ratio (104.3%) is considered high.
Reducing Debt: CAS's debt to equity ratio has reduced from 107.3% to 106% over the past 5 years.
Debt Coverage: CAS's debt is well covered by operating cash flow (22.9%).
Interest Coverage: CAS's interest payments on its debt are not well covered by EBIT (1.7x coverage).