Civmec Balance Sheet Health
Financial Health criteria checks 6/6
Civmec has a total shareholder equity of A$437.6M and total debt of A$60.0M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are A$808.3M and A$370.7M respectively. Civmec's EBIT is A$88.9M making its interest coverage ratio 33.6. It has cash and short-term investments of A$143.1M.
Key information
13.7%
Debt to equity ratio
AU$60.00m
Debt
| Interest coverage ratio | 33.6x |
| Cash | AU$143.13m |
| Equity | AU$437.61m |
| Total liabilities | AU$370.72m |
| Total assets | AU$808.33m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1CV0's short term assets (A$308.1M) exceed its short term liabilities (A$197.3M).
Long Term Liabilities: 1CV0's short term assets (A$308.1M) exceed its long term liabilities (A$173.5M).
Debt to Equity History and Analysis
Debt Level: 1CV0 has more cash than its total debt.
Reducing Debt: 1CV0's debt to equity ratio has reduced from 91.7% to 13.7% over the past 5 years.
Debt Coverage: 1CV0's debt is well covered by operating cash flow (212.3%).
Interest Coverage: 1CV0's interest payments on its debt are well covered by EBIT (33.6x coverage).