Cadeler Balance Sheet Health
Financial Health criteria checks 4/6
Cadeler has a total shareholder equity of €1.1B and total debt of €257.9M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are €1.5B and €369.2M respectively.
Key information
23.1%
Debt to equity ratio
€257.87m
Debt
Interest coverage ratio | n/a |
Cash | €209.13m |
Equity | €1.12b |
Total liabilities | €369.16m |
Total assets | €1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CA21's short term assets (€264.5M) exceed its short term liabilities (€74.8M).
Long Term Liabilities: CA21's short term assets (€264.5M) do not cover its long term liabilities (€294.3M).
Debt to Equity History and Analysis
Debt Level: CA21's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: CA21's debt to equity ratio has reduced from 273.1% to 23.1% over the past 5 years.
Debt Coverage: CA21's debt is well covered by operating cash flow (27.8%).
Interest Coverage: Insufficient data to determine if CA21's interest payments on its debt are well covered by EBIT.