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 ratio | 39.9x |
| Cash | AU$88.46m |
| Equity | AU$488.22m |
| Total liabilities | AU$422.10m |
| Total assets | AU$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).