Cable One Balance Sheet Health
Financial Health criteria checks 2/6
Cable One has a total shareholder equity of $1.9B and total debt of $3.6B, which brings its debt-to-equity ratio to 186.6%. Its total assets and total liabilities are $6.8B and $4.9B respectively. Cable One's EBIT is $525.3M making its interest coverage ratio 3.5. It has cash and short-term investments of $239.0M.
Key information
186.6%
Debt to equity ratio
US$3.59b
Debt
Interest coverage ratio | 3.5x |
Cash | US$238.96m |
Equity | US$1.93b |
Total liabilities | US$4.91b |
Total assets | US$6.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C1AB34's short term assets ($347.3M) exceed its short term liabilities ($186.7M).
Long Term Liabilities: C1AB34's short term assets ($347.3M) do not cover its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: C1AB34's net debt to equity ratio (174.2%) is considered high.
Reducing Debt: C1AB34's debt to equity ratio has increased from 182.9% to 186.6% over the past 5 years.
Debt Coverage: C1AB34's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: C1AB34's interest payments on its debt are well covered by EBIT (3.5x coverage).