Construction Partners Balance Sheet Health
Financial Health criteria checks 3/6
Construction Partners has a total shareholder equity of $521.2M and total debt of $442.1M, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are $1.3B and $755.0M respectively. Construction Partners's EBIT is $93.7M making its interest coverage ratio 3.7. It has cash and short-term investments of $68.7M.
Key information
84.8%
Debt to equity ratio
US$442.06m
Debt
Interest coverage ratio | 3.7x |
Cash | US$68.74m |
Equity | US$521.16m |
Total liabilities | US$754.99m |
Total assets | US$1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CQY's short term assets ($461.4M) exceed its short term liabilities ($262.9M).
Long Term Liabilities: CQY's short term assets ($461.4M) do not cover its long term liabilities ($492.1M).
Debt to Equity History and Analysis
Debt Level: CQY's net debt to equity ratio (71.6%) is considered high.
Reducing Debt: CQY's debt to equity ratio has increased from 19.4% to 84.8% over the past 5 years.
Debt Coverage: CQY's debt is well covered by operating cash flow (42.7%).
Interest Coverage: CQY's interest payments on its debt are well covered by EBIT (3.7x coverage).