Crown Castle Balance Sheet Health
Financial Health criteria checks 0/6
Crown Castle has a total shareholder equity of $5.3B and total debt of $24.0B, which brings its debt-to-equity ratio to 453.8%. Its total assets and total liabilities are $38.0B and $32.7B respectively. Crown Castle's EBIT is $2.3B making its interest coverage ratio 2.6. It has cash and short-term investments of $194.0M.
Key information
453.8%
Debt to equity ratio
US$24.03b
Debt
Interest coverage ratio | 2.6x |
Cash | US$194.00m |
Equity | US$5.30b |
Total liabilities | US$32.75b |
Total assets | US$38.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCIN's short term assets ($1.1B) do not cover its short term liabilities ($2.1B).
Long Term Liabilities: CCIN's short term assets ($1.1B) do not cover its long term liabilities ($30.7B).
Debt to Equity History and Analysis
Debt Level: CCIN's net debt to equity ratio (450.1%) is considered high.
Reducing Debt: CCIN's debt to equity ratio has increased from 155.6% to 453.8% over the past 5 years.
Debt Coverage: CCIN's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: CCIN's interest payments on its debt are not well covered by EBIT (2.6x coverage).