Carlisle Companies Balance Sheet Health
Financial Health criteria checks 4/6
Carlisle Companies has a total shareholder equity of $2.9B and total debt of $2.3B, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are $6.6B and $3.8B respectively. Carlisle Companies's EBIT is $1.1B making its interest coverage ratio 20.9. It has cash and short-term investments of $552.6M.
Key information
80.1%
Debt to equity ratio
US$2.29b
Debt
| Interest coverage ratio | 20.9x |
| Cash | US$552.60m |
| Equity | US$2.86b |
| Total liabilities | US$3.79b |
| Total assets | US$6.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLE's short term assets ($3.5B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: CLE's short term assets ($3.5B) exceed its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: CLE's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: CLE's debt to equity ratio has increased from 62.9% to 80.1% over the past 5 years.
Debt Coverage: CLE's debt is well covered by operating cash flow (54%).
Interest Coverage: CLE's interest payments on its debt are well covered by EBIT (20.9x coverage).