CCL Industries Financial Health
How is CCL Industries's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CCL.B's short term assets (CA$2.8B) exceed its short term liabilities (CA$1.5B).
Long Term Liabilities: CCL.B's short term assets (CA$2.8B) do not cover its long term liabilities (CA$2.9B).
Debt to Equity History and Analysis
Debt Level: CCL.B's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: CCL.B's debt to equity ratio has reduced from 123.7% to 54.8% over the past 5 years.
Debt Coverage: CCL.B's debt is well covered by operating cash flow (38.9%).
Interest Coverage: CCL.B's interest payments on its debt are well covered by EBIT (13x coverage).