CCL Industries Balance Sheet Health
Financial Health criteria checks 5/6
CCL Industries has a total shareholder equity of CA$5.1B and total debt of CA$2.2B, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are CA$9.8B and CA$4.6B respectively. CCL Industries's EBIT is CA$1.0B making its interest coverage ratio 13.8. It has cash and short-term investments of CA$759.6M.
Key information
43.4%
Debt to equity ratio
CA$2.22b
Debt
| Interest coverage ratio | 13.8x |
| Cash | CA$759.60m |
| Equity | CA$5.12b |
| Total liabilities | CA$4.63b |
| Total assets | CA$9.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCL.A's short term assets (CA$3.0B) exceed its short term liabilities (CA$1.6B).
Long Term Liabilities: CCL.A's short term assets (CA$3.0B) do not cover its long term liabilities (CA$3.1B).
Debt to Equity History and Analysis
Debt Level: CCL.A's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: CCL.A's debt to equity ratio has reduced from 86.3% to 43.4% over the past 5 years.
Debt Coverage: CCL.A's debt is well covered by operating cash flow (49.9%).
Interest Coverage: CCL.A's interest payments on its debt are well covered by EBIT (13.8x coverage).