Cirrus Networks Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Cirrus Networks Holdings has a total shareholder equity of A$18.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$42.0M and A$23.2M respectively. Cirrus Networks Holdings's EBIT is A$3.4M making its interest coverage ratio 17.9. It has cash and short-term investments of A$13.9M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 17.9x |
| Cash | AU$13.88m |
| Equity | AU$18.81m |
| Total liabilities | AU$23.22m |
| Total assets | AU$42.03m |
Recent financial health updates
No updates
Recent updates
Cirrus Networks Holdings (ASX:CNW) Is Looking To Continue Growing Its Returns On Capital
Aug 04
If You Like EPS Growth Then Check Out Cirrus Networks Holdings (ASX:CNW) Before It's Too Late
May 03Is Cirrus Networks Holdings Limited's(ASX:CNW) Recent Stock Performance Tethered To Its Strong Fundamentals?
Mar 12Is Now The Time To Look At Buying Cirrus Networks Holdings Limited (ASX:CNW)?
Feb 05
Cirrus Networks Holdings Limited (ASX:CNW) Insiders Have Been Selling
Jan 21With EPS Growth And More, Cirrus Networks Holdings (ASX:CNW) Is Interesting
Jan 06What Can We Make Of Cirrus Networks Holdings' (ASX:CNW) CEO Compensation?
Dec 22Are Strong Financial Prospects The Force That Is Driving The Momentum In Cirrus Networks Holdings Limited's ASX:CNW) Stock?
Dec 07Should You Rely On Cirrus Networks Holdings's (ASX:CNW) Earnings Growth?
Nov 22Should You Investigate Cirrus Networks Holdings Limited (ASX:CNW) At AU$0.026?
Jul 22Financial Position Analysis
Short Term Liabilities: CNW's short term assets (A$28.9M) exceed its short term liabilities (A$22.3M).
Long Term Liabilities: CNW's short term assets (A$28.9M) exceed its long term liabilities (A$906.1K).
Debt to Equity History and Analysis
Debt Level: CNW is debt free.
Reducing Debt: CNW has no debt compared to 5 years ago when its debt to equity ratio was 8.3%.
Debt Coverage: CNW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CNW has no debt, therefore coverage of interest payments is not a concern.