Cannae Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Cannae Holdings has a total shareholder equity of $2.3B and total debt of $118.1M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are $2.7B and $377.5M respectively.
Key information
5.1%
Debt to equity ratio
US$118.10m
Debt
Interest coverage ratio | n/a |
Cash | US$121.80m |
Equity | US$2.31b |
Total liabilities | US$377.50m |
Total assets | US$2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CQ2's short term assets ($177.3M) exceed its short term liabilities ($107.5M).
Long Term Liabilities: CQ2's short term assets ($177.3M) do not cover its long term liabilities ($270.0M).
Debt to Equity History and Analysis
Debt Level: CQ2 has more cash than its total debt.
Reducing Debt: CQ2's debt to equity ratio has increased from 4% to 5.1% 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.