Civmec Balance Sheet Health

Financial Health criteria checks 6/6

Civmec has a total shareholder equity of A$488.2M and total debt of A$64.0M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are A$910.3M and A$422.1M respectively. Civmec's EBIT is A$91.7M making its interest coverage ratio 39.9. It has cash and short-term investments of A$88.5M.

Key information

13.1%

Debt to equity ratio

AU$64.00m

Debt

Interest coverage ratio39.9x
CashAU$88.46m
EquityAU$488.22m
Total liabilitiesAU$422.10m
Total assetsAU$910.32m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CVL's short term assets (A$358.0M) exceed its short term liabilities (A$242.3M).

Long Term Liabilities: CVL's short term assets (A$358.0M) exceed its long term liabilities (A$179.8M).


Debt to Equity History and Analysis

Debt Level: CVL has more cash than its total debt.

Reducing Debt: CVL's debt to equity ratio has reduced from 56.3% to 13.1% over the past 5 years.

Debt Coverage: CVL's debt is well covered by operating cash flow (111.5%).

Interest Coverage: CVL's interest payments on its debt are well covered by EBIT (39.9x coverage).


Balance Sheet


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