Cactus Balance Sheet Health
Financial Health criteria checks 6/6
Cactus has a total shareholder equity of $1.2B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.7B and $469.4M respectively. Cactus's EBIT is $328.0M making its interest coverage ratio -82.5. It has cash and short-term investments of $303.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -82.5x |
| Cash | US$303.38m |
| Equity | US$1.21b |
| Total liabilities | US$469.44m |
| Total assets | US$1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 43C's short term assets ($730.2M) exceed its short term liabilities ($191.3M).
Long Term Liabilities: 43C's short term assets ($730.2M) exceed its long term liabilities ($278.1M).
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.