Is it safe?
Can CAE take a bad year?
CAE Inc. carries $3.18B of net debt at 2.78× EBITDA: a load its earnings can carry.
$3.18B
Net debt · as at FY2025 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.78×
Net debt / EBITDA · 15.4× a year ago · the load is coming down
- Interest cover
- 3.08×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 34%
Annualised volatility · about as steady as the market itself
Details›
- Total debtFY2025
- $3.47B
- Cash and short-term investments
- $294M
- Net debt
- $3.18B
- EBITDA, trailing twelve months
- $1.14B
- Operating profit, trailing twelve months
- $729M
- Debt / equity
- 0.71×
- Total debt / EBITDA
- 3.03×
- Annualised volatilitytwo years of daily moves
- 34%
- Worst drawdown on file
- −68%
- Below its 52-week high
- −26%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Aerospace & Defense
Ranks #20 of 48 by Smart Score