Cactus Balance Sheet Health
Financial Health criteria checks 6/6
Cactus has a total shareholder equity of $1.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.5B and $457.8M respectively. Cactus's EBIT is $291.4M making its interest coverage ratio 45. It has cash and short-term investments of $133.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 45x |
Cash | US$133.79m |
Equity | US$1.06b |
Total liabilities | US$457.79m |
Total assets | US$1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 43C's short term assets ($556.2M) exceed its short term liabilities ($175.7M).
Long Term Liabilities: 43C's short term assets ($556.2M) exceed its long term liabilities ($282.1M).
Debt to Equity History and Analysis
Debt Level: 43C is debt free.
Reducing Debt: 43C had no debt 5 years ago.
Debt Coverage: 43C has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 43C has no debt, therefore coverage of interest payments is not a concern.