Carriage Services Balance Sheet Health
Financial Health criteria checks 0/6
Carriage Services has a total shareholder equity of $173.1M and total debt of $579.7M, which brings its debt-to-equity ratio to 335%. Its total assets and total liabilities are $1.3B and $1.1B respectively. Carriage Services's EBIT is $82.2M making its interest coverage ratio 2.3. It has cash and short-term investments of $1.5M.
Key information
335.0%
Debt to equity ratio
US$579.70m
Debt
Interest coverage ratio | 2.3x |
Cash | US$1.52m |
Equity | US$173.06m |
Total liabilities | US$1.09b |
Total assets | US$1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C57's short term assets ($41.7M) do not cover its short term liabilities ($51.1M).
Long Term Liabilities: C57's short term assets ($41.7M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: C57's net debt to equity ratio (334.1%) is considered high.
Reducing Debt: C57's debt to equity ratio has increased from 162.5% to 335% over the past 5 years.
Debt Coverage: C57's debt is not well covered by operating cash flow (13%).
Interest Coverage: C57's interest payments on its debt are not well covered by EBIT (2.3x coverage).