Century Communities Balance Sheet Health
Financial Health criteria checks 4/6
Century Communities has a total shareholder equity of $2.4B and total debt of $1.3B, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are $4.1B and $1.7B respectively. Century Communities's EBIT is $407.1M making its interest coverage ratio -63.9. It has cash and short-term investments of $122.8M.
Key information
53.0%
Debt to equity ratio
US$1.28b
Debt
Interest coverage ratio | -63.9x |
Cash | US$122.84m |
Equity | US$2.42b |
Total liabilities | US$1.69b |
Total assets | US$4.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCT's short term assets ($3.7B) exceed its short term liabilities ($486.8M).
Long Term Liabilities: CCT's short term assets ($3.7B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: CCT's net debt to equity ratio (47.9%) is considered high.
Reducing Debt: CCT's debt to equity ratio has reduced from 134.5% to 53% 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.