Comfort Systems USA Balance Sheet Health
Financial Health criteria checks 5/6
Comfort Systems USA has a total shareholder equity of $1.4B and total debt of $89.9M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are $3.9B and $2.5B respectively. Comfort Systems USA's EBIT is $487.7M making its interest coverage ratio 117.8. It has cash and short-term investments of $100.8M.
Key information
6.5%
Debt to equity ratio
US$89.89m
Debt
Interest coverage ratio | 117.8x |
Cash | US$100.79m |
Equity | US$1.37b |
Total liabilities | US$2.53b |
Total assets | US$3.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9CF's short term assets ($2.0B) do not cover its short term liabilities ($2.1B).
Long Term Liabilities: 9CF's short term assets ($2.0B) exceed its long term liabilities ($390.6M).
Debt to Equity History and Analysis
Debt Level: 9CF has more cash than its total debt.
Reducing Debt: 9CF's debt to equity ratio has reduced from 15% to 6.5% over the past 5 years.
Debt Coverage: 9CF's debt is well covered by operating cash flow (733.4%).
Interest Coverage: 9CF's interest payments on its debt are well covered by EBIT (117.8x coverage).