Corby Spirit and Wine Balance Sheet Health
Financial Health criteria checks 4/6
Corby Spirit and Wine has a total shareholder equity of CA$182.8M and total debt of CA$127.5M, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are CA$409.9M and CA$227.1M respectively. Corby Spirit and Wine's EBIT is CA$32.6M making its interest coverage ratio 21.4. It has cash and short-term investments of CA$38.0M.
Key information
69.7%
Debt to equity ratio
CA$127.50m
Debt
| Interest coverage ratio | 21.4x |
| Cash | CA$37.99m |
| Equity | CA$182.81m |
| Total liabilities | CA$227.07m |
| Total assets | CA$409.88m |
Recent financial health updates
Recent updates
Some Investors May Be Willing To Look Past Corby Spirit and Wine's (TSE:CSW.A) Soft Earnings
Feb 14
We Think Corby Spirit and Wine (TSE:CSW.A) Can Stay On Top Of Its Debt
Oct 21Corby Spirit and Wine (TSE:CSW.A) Is Reducing Its Dividend To CA$0.21
Feb 12Corby Spirit and Wine (TSE:CSW.A) Is Paying Out Less In Dividends Than Last Year
Nov 16Corby Spirit and Wine (TSE:CSW.A) Has Announced A Dividend Of CA$0.21
Aug 28Shareholders Would Enjoy A Repeat Of Corby Spirit and Wine's (TSE:CSW.A) Recent Growth In Returns
Jun 11Should You Or Shouldn't You: A Dividend Analysis on Corby Spirit and Wine Limited (TSE:CSW.A)
May 03How Many Corby Spirit and Wine Limited (TSE:CSW.A) Shares Do Institutions Own?
Mar 08Is It Worth Considering Corby Spirit and Wine Limited (TSE:CSW.A) For Its Upcoming Dividend?
Feb 19Should You Rely On Corby Spirit and Wine's (TSE:CSW.A) Earnings Growth?
Feb 05
Does Corby Spirit and Wine Limited (TSE:CSW.A) Have A Place In Your Dividend Portfolio?
Jan 21Does Corby Spirit and Wine (TSE:CSW.A) Have The DNA Of A Multi-Bagger?
Jan 06Would Shareholders Who Purchased Corby Spirit and Wine's (TSE:CSW.A) Stock Three Years Be Happy With The Share price Today?
Dec 22Is It Worth Considering Corby Spirit and Wine Limited (TSE:CSW.A) For Its Upcoming Dividend?
Nov 21Financial Position Analysis
Short Term Liabilities: CSW.A's short term assets (CA$170.0M) exceed its short term liabilities (CA$65.4M).
Long Term Liabilities: CSW.A's short term assets (CA$170.0M) exceed its long term liabilities (CA$161.7M).
Debt to Equity History and Analysis
Debt Level: CSW.A's net debt to equity ratio (49%) is considered high.
Reducing Debt: CSW.A's debt to equity ratio has increased from 0% to 69.7% over the past 5 years.
Debt Coverage: CSW.A's debt is well covered by operating cash flow (32.5%).
Interest Coverage: CSW.A's interest payments on its debt are well covered by EBIT (21.4x coverage).