Cass Information Systems Balance Sheet Health
Financial Health criteria checks 6/6
Cass Information Systems has a total shareholder equity of $229.5M 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 $2.1B respectively. Cass Information Systems's EBIT is $55.6M making its interest coverage ratio 3.1. It has cash and short-term investments of $192.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 3.1x |
Cash | US$192.80m |
Equity | US$229.49m |
Total liabilities | US$2.06b |
Total assets | US$2.29b |
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 ($1.4B).
Long Term Liabilities: CC3's short term assets ($1.5B) exceed its long term liabilities ($705.1M).
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.