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).