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Covalon Technologies Ltd (TSE:COV)
:COV
Canadian Market
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Covalon Technologies (COV) Ratios

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Covalon Technologies Ratios

TSE:COV's free cash flow for Q2 2025 was C$0.55. For the 2025 fiscal year, TSE:COV's free cash flow was decreased by C$ and operating cash flow was C$0.04. See a summary of the company’s cash flow.
Ratios
TTM
Sep 24Sep 23Sep 22Sep 21
Liquidity Ratios
Current Ratio
8.39 4.10 6.00 7.49 0.66
Quick Ratio
6.09 2.96 4.90 6.55 0.34
Cash Ratio
4.64 1.69 3.10 4.59 0.15
Solvency Ratio
1.17 -0.57 -1.40 3.35 -0.24
Operating Cash Flow Ratio
1.33 -0.61 -1.76 0.12 -0.18
Short-Term Operating Cash Flow Coverage
0.00 0.00 0.00 0.00 -0.23
Net Current Asset Value
C$ 28.62MC$ 15.18MC$ 21.08MC$ 30.23MC$ -10.74M
Leverage Ratios
Debt-to-Assets Ratio
0.02 0.06 0.07 0.06 0.60
Debt-to-Equity Ratio
0.02 0.08 0.09 0.08 2.30
Debt-to-Capital Ratio
0.02 0.08 0.08 0.07 0.70
Long-Term Debt-to-Capital Ratio
0.00 0.00 0.00 0.00 0.00
Financial Leverage Ratio
1.13 1.33 1.25 1.22 3.81
Debt Service Coverage Ratio
20.85 0.00 -76.34 58.65 -0.41
Interest Coverage Ratio
13.44 0.00 -81.93 2.00 -7.08
Debt to Market Cap
0.00 0.00 0.00 0.00 0.57
Interest Debt Per Share
0.03 0.06 0.09 0.12 0.84
Net Debt to EBITDA
-3.65 2.07 1.47 -13.23 -2.62
Profitability Margins
Gross Profit Margin
58.82%54.00%41.29%49.57%48.40%
EBIT Margin
11.16%-17.03%-50.38%4.29%-28.63%
EBITDA Margin
14.08%-13.13%-44.69%7.87%-25.70%
Operating Profit Margin
9.08%-16.88%-50.38%4.29%-23.61%
Pretax Profit Margin
10.92%-16.77%-51.00%2.14%-26.95%
Net Profit Margin
10.92%-16.77%-53.25%120.02%-26.95%
Continuous Operations Profit Margin
10.92%-16.77%-51.00%2.14%-30.32%
Net Income Per EBT
100.00%100.00%104.42%5603.56%100.00%
EBT Per EBIT
120.32%99.37%101.22%49.98%114.12%
Return on Assets (ROA)
10.52%-17.92%-31.81%57.85%-20.04%
Return on Equity (ROE)
13.32%-23.74%-39.88%70.34%-76.34%
Return on Capital Employed (ROCE)
9.83%-22.77%-35.38%2.36%-50.51%
Return on Invested Capital (ROIC)
9.67%-22.05%-36.09%130.03%-23.00%
Return on Tangible Assets
10.96%-19.02%-33.21%59.16%-35.60%
Earnings Yield
5.13%-12.00%-15.50%35.94%-22.44%
Efficiency Ratios
Receivables Turnover
6.74 4.32 3.83 3.06 7.74
Payables Turnover
4.19 2.74 2.86 2.44 3.41
Inventory Turnover
1.56 2.06 2.15 2.10 1.85
Fixed Asset Turnover
31.16 15.80 9.69 9.28 5.56
Asset Turnover
0.96 1.07 0.60 0.48 0.74
Working Capital Turnover Ratio
1.19 1.37 0.66 1.59 -15.46
Cash Conversion Cycle
200.92 128.73 137.86 143.85 137.64
Days of Sales Outstanding
54.12 84.57 95.19 119.34 47.16
Days of Inventory Outstanding
233.90 177.36 170.14 173.98 197.38
Days of Payables Outstanding
87.10 133.21 127.47 149.46 106.90
Operating Cycle
288.01 261.93 265.33 293.32 244.54
Cash Flow Ratios
Operating Cash Flow Per Share
0.19 -0.13 -0.31 0.02 -0.16
Free Cash Flow Per Share
0.18 -0.18 -0.35 0.02 -0.17
CapEx Per Share
0.01 0.05 0.04 <0.01 0.01
Free Cash Flow to Operating Cash Flow
0.93 1.41 1.14 0.71 1.09
Dividend Paid and CapEx Coverage Ratio
13.86 -2.42 -7.39 3.50 -10.85
Capital Expenditure Coverage Ratio
13.86 -2.42 -7.39 3.50 -10.85
Operating Cash Flow Coverage Ratio
8.48 -2.04 -3.69 0.24 -0.19
Operating Cash Flow to Sales Ratio
0.15 -0.12 -0.44 0.03 -0.16
Free Cash Flow Yield
6.65%-12.11%-14.56%0.68%-14.19%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
19.87 -8.33 -6.45 2.78 -4.46
Price-to-Sales (P/S) Ratio
2.17 1.40 3.44 3.34 1.20
Price-to-Book (P/B) Ratio
2.36 1.98 2.57 1.96 3.40
Price-to-Free Cash Flow (P/FCF) Ratio
15.32 -8.26 -6.87 147.23 -7.05
Price-to-Operating Cash Flow Ratio
14.21 -11.68 -7.80 105.14 -7.70
Price-to-Earnings Growth (PEG) Ratio
-0.89 0.16 0.01 -0.02 0.13
Price-to-Fair Value
2.36 1.98 2.57 1.96 3.40
Enterprise Value Multiple
11.76 -8.58 -6.22 29.22 -7.30
Enterprise Value
54.69M 29.94M 50.45M 44.97M 48.38M
EV to EBITDA
11.47 -8.58 -6.22 29.22 -7.30
EV to Sales
1.62 1.13 2.78 2.30 1.88
EV to Free Cash Flow
11.40 -6.65 -5.56 101.35 -11.00
EV to Operating Cash Flow
10.58 -9.40 -6.31 72.38 -12.02
Tangible Book Value Per Share
1.08 0.70 0.89 1.26 -0.23
Shareholders’ Equity Per Share
1.14 0.76 0.94 1.29 0.35
Tax and Other Ratios
Effective Tax Rate
0.00 0.00 -0.04 -55.04 -0.14
Revenue Per Share
1.24 1.07 0.70 0.76 1.00
Net Income Per Share
0.13 -0.18 -0.38 0.91 -0.27
Tax Burden
1.00 1.00 1.04 56.04 1.00
Interest Burden
0.98 0.99 1.01 0.50 0.94
Research & Development to Revenue
0.04 0.05 0.06 0.06 0.03
SG&A to Revenue
0.23 0.28 0.38 0.25 0.33
Stock-Based Compensation to Revenue
0.01 0.02 0.01 <0.01 0.03
Income Quality
1.40 0.71 0.86 1.48 0.58
Currency in CAD
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