Cass Information Systems Balance Sheet Health
Financial Health criteria checks 6/6
Cass Information Systems has a total shareholder equity of $237.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.3B and $2.0B respectively. Cass Information Systems's EBIT is $49.1M making its interest coverage ratio 2.4. It has cash and short-term investments of $230.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$230.56m |
| Equity | US$237.65m |
| Total liabilities | US$2.02b |
| Total assets | US$2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CC3's short term assets ($1.5B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: CC3's short term assets ($1.5B) exceed its long term liabilities ($692.7M).
Debt to Equity History and Analysis
Debt Level: CC3 is debt free.
Reducing Debt: CC3 had no debt 5 years ago.
Debt Coverage: CC3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CC3 has no debt, therefore coverage of interest payments is not a concern.