Cannae Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Cannae Holdings has a total shareholder equity of $1.9B and total debt of $181.2M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are $2.3B and $423.4M respectively.
Key information
9.7%
Debt to equity ratio
US$181.20m
Debt
| Interest coverage ratio | n/a |
| Cash | US$169.60m |
| Equity | US$1.86b |
| Total liabilities | US$423.40m |
| Total assets | US$2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CQ2's short term assets ($214.8M) exceed its short term liabilities ($84.2M).
Long Term Liabilities: CQ2's short term assets ($214.8M) do not cover its long term liabilities ($339.2M).
Debt to Equity History and Analysis
Debt Level: CQ2's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: CQ2's debt to equity ratio has reduced from 15.8% to 9.7% over the past 5 years.
Debt Coverage: CQ2's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CQ2's interest payments on its debt are well covered by EBIT.