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
No updates
Recent updates
Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/02/26 19:06 |
| End of Day Share Price | 2024/02/21 00:00 |
| Earnings | 2023/07/02 |
| Annual Earnings | 2023/01/01 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Costa Group Holdings Limited is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Jonathan Snape | Bell Potter |
| Citi Research | Citigroup Inc |