Corby Spirit and Wine Balance Sheet Health
Financial Health criteria checks 3/6
Corby Spirit and Wine has a total shareholder equity of CA$181.1M and total debt of CA$127.3M, which brings its debt-to-equity ratio to 70.3%. Its total assets and total liabilities are CA$392.9M and CA$211.8M respectively. Corby Spirit and Wine's EBIT is CA$37.3M making its interest coverage ratio 7.4. It has cash and short-term investments of CA$24.0M.
Key information
70.3%
Debt to equity ratio
CA$127.25m
Debt
Interest coverage ratio | 7.4x |
Cash | CA$23.99m |
Equity | CA$181.10m |
Total liabilities | CA$211.84m |
Total assets | CA$392.95m |
Recent financial health updates
Recent updates
Corby Spirit and Wine (TSE:CSW.A) Is Paying Out A Dividend Of CA$0.21
May 14Some Investors May Be Willing To Look Past Corby Spirit and Wine's (TSE:CSW.A) Soft Earnings
Feb 14We 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 05Does 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$156.7M) exceed its short term liabilities (CA$50.0M).
Long Term Liabilities: CSW.A's short term assets (CA$156.7M) do not cover its long term liabilities (CA$161.8M).
Debt to Equity History and Analysis
Debt Level: CSW.A's net debt to equity ratio (57%) is considered high.
Reducing Debt: CSW.A's debt to equity ratio has increased from 0% to 70.3% over the past 5 years.
Debt Coverage: CSW.A's debt is well covered by operating cash flow (26.4%).
Interest Coverage: CSW.A's interest payments on its debt are well covered by EBIT (7.4x coverage).