Cadence Capital Balance Sheet Health
Financial Health criteria checks 3/6
Cadence Capital has a total shareholder equity of A$300.9M and total debt of A$42.5M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are A$354.4M and A$53.5M respectively.
Key information
14.1%
Debt to equity ratio
AU$42.54m
Debt
Interest coverage ratio | n/a |
Cash | AU$73.67m |
Equity | AU$300.88m |
Total liabilities | AU$53.54m |
Total assets | AU$354.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDM's short term assets (A$76.0M) exceed its short term liabilities (A$53.5M).
Long Term Liabilities: CDM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CDM has more cash than its total debt.
Reducing Debt: CDM's debt to equity ratio has increased from 0.5% to 14.1% over the past 5 years.
Debt Coverage: CDM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CDM's interest payments on its debt are well covered by EBIT.