Costa Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Costa Group Holdings has a total shareholder equity of A$847.7M and total debt of A$555.9M, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are A$2.2B and A$1.4B respectively. Costa Group Holdings's EBIT is A$74.3M making its interest coverage ratio 1.5. It has cash and short-term investments of A$205.8M.
Key information
65.6%
Debt to equity ratio
AU$555.89m
Debt
| Interest coverage ratio | 1.5x |
| Cash | AU$205.79m |
| Equity | AU$847.68m |
| Total liabilities | AU$1.36b |
| Total assets | AU$2.21b |
Recent financial health updates
We Think Costa Group Holdings (ASX:CGC) Can Stay On Top Of Its Debt
Apr 04
Here's Why Costa Group Holdings (ASX:CGC) Is Weighed Down By Its Debt Load
Dec 21Is Costa Group Holdings (ASX:CGC) A Risky Investment?
Sep 07
Recent updates
Costa Group Holdings (ASX:CGC) Will Pay A Dividend Of A$0.04
Aug 29Costa Group Holdings (ASX:CGC) Might Have The Makings Of A Multi-Bagger
Jun 09Costa Group Holdings Limited's (ASX:CGC) Intrinsic Value Is Potentially 64% Above Its Share Price
May 22We Think Costa Group Holdings (ASX:CGC) Can Stay On Top Of Its Debt
Apr 04Costa Group Holdings Limited's (ASX:CGC) Stock Is Going Strong: Have Financials A Role To Play?
Mar 20Here's What We Like About Costa Group Holdings' (ASX:CGC) Upcoming Dividend
Mar 05Results: Costa Group Holdings Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 23Something To Consider Before Buying Costa Group Holdings Limited (ASX:CGC) For The 1.4% Dividend
Feb 11Estimating The Fair Value Of Costa Group Holdings Limited (ASX:CGC)
Jan 25What Kind Of Shareholders Own Costa Group Holdings Limited (ASX:CGC)?
Jan 07Here's Why Costa Group Holdings (ASX:CGC) Is Weighed Down By Its Debt Load
Dec 21Will Costa Group Holdings (ASX:CGC) Multiply In Value Going Forward?
Dec 06Can You Imagine How Costa Group Holdings' (ASX:CGC) Shareholders Feel About The 57% Share Price Increase?
Nov 21Is Costa Group Holdings (ASX:CGC) A Risky Investment?
Sep 07Did You Participate In Any Of Costa Group Holdings' (ASX:CGC) Respectable 74% Return?
Aug 21Should You Review Recent Insider Transactions At Costa Group Holdings Limited (ASX:CGC)?
Aug 03The Trends At Costa Group Holdings (ASX:CGC) That You Should Know About
Jul 16Financial Position Analysis
Short Term Liabilities: CGC's short term assets (A$473.0M) exceed its short term liabilities (A$251.3M).
Long Term Liabilities: CGC's short term assets (A$473.0M) do not cover its long term liabilities (A$1.1B).
Debt to Equity History and Analysis
Debt Level: CGC's net debt to equity ratio (41.3%) is considered high.
Reducing Debt: CGC's debt to equity ratio has increased from 43.5% to 65.6% over the past 5 years.
Debt Coverage: CGC's debt is well covered by operating cash flow (27.9%).
Interest Coverage: CGC's interest payments on its debt are not well covered by EBIT (1.5x coverage).