Century Communities Balance Sheet Health
Financial Health criteria checks 4/6
Century Communities has a total shareholder equity of $2.5B and total debt of $1.8B, which brings its debt-to-equity ratio to 69.9%. Its total assets and total liabilities are $4.8B and $2.2B respectively. Century Communities's EBIT is $444.9M making its interest coverage ratio -61.6. It has cash and short-term investments of $149.2M.
Key information
69.9%
Debt to equity ratio
US$1.78b
Debt
| Interest coverage ratio | -61.6x |
| Cash | US$149.16m |
| Equity | US$2.55b |
| Total liabilities | US$2.23b |
| Total assets | US$4.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCT's short term assets ($4.3B) exceed its short term liabilities ($998.5M).
Long Term Liabilities: CCT's short term assets ($4.3B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: CCT's net debt to equity ratio (64%) is considered high.
Reducing Debt: CCT's debt to equity ratio has reduced from 132.5% to 69.9% over the past 5 years.
Debt Coverage: CCT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CCT earns more interest than it pays, so coverage of interest payments is not a concern.