Cmb.Tech Balance Sheet Health
Financial Health criteria checks 3/6
Cmb.Tech has a total shareholder equity of $1.2B and total debt of $2.4B, which brings its debt-to-equity ratio to 195.4%. Its total assets and total liabilities are $3.7B and $2.5B respectively. Cmb.Tech's EBIT is $449.0M making its interest coverage ratio 4.4. It has cash and short-term investments of $343.9M.
Key information
195.4%
Debt to equity ratio
US$2.40b
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$343.90m |
| Equity | US$1.23b |
| Total liabilities | US$2.50b |
| Total assets | US$3.73b |
Financial Position Analysis
Short Term Liabilities: CMBT's short term assets ($843.8M) exceed its short term liabilities ($614.0M).
Long Term Liabilities: CMBT's short term assets ($843.8M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: CMBT's net debt to equity ratio (167.4%) is considered high.
Reducing Debt: CMBT's debt to equity ratio has increased from 78.4% to 195.4% over the past 5 years.
Debt Coverage: CMBT's debt is well covered by operating cash flow (29.3%).
Interest Coverage: CMBT's interest payments on its debt are well covered by EBIT (4.4x coverage).