Cedar Woods Properties Balance Sheet Health
Financial Health criteria checks 3/6
Cedar Woods Properties has a total shareholder equity of A$428.6M and total debt of A$280.6M, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are A$838.4M and A$409.8M respectively. Cedar Woods Properties's EBIT is A$43.2M making its interest coverage ratio 6.5. It has cash and short-term investments of A$6.7M.
Key information
65.5%
Debt to equity ratio
AU$280.65m
Debt
Interest coverage ratio | 6.5x |
Cash | AU$6.67m |
Equity | AU$428.57m |
Total liabilities | AU$409.81m |
Total assets | AU$838.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CWP's short term assets (A$377.0M) exceed its short term liabilities (A$143.1M).
Long Term Liabilities: CWP's short term assets (A$377.0M) exceed its long term liabilities (A$266.7M).
Debt to Equity History and Analysis
Debt Level: CWP's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: CWP's debt to equity ratio has increased from 37.8% to 65.5% over the past 5 years.
Debt Coverage: CWP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CWP's interest payments on its debt are well covered by EBIT (6.5x coverage).