C&C Group Balance Sheet Health
Financial Health criteria checks 6/6
C&C Group has a total shareholder equity of €579.3M and total debt of €225.0M, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are €1.4B and €837.1M respectively. C&C Group's EBIT is €48.4M making its interest coverage ratio 10.5. It has cash and short-term investments of €142.9M.
Key information
38.8%
Debt to equity ratio
€225.00m
Debt
| Interest coverage ratio | 10.5x |
| Cash | €142.90m |
| Equity | €579.30m |
| Total liabilities | €837.10m |
| Total assets | €1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCC's short term assets (€519.7M) exceed its short term liabilities (€457.7M).
Long Term Liabilities: GCC's short term assets (€519.7M) exceed its long term liabilities (€379.4M).
Debt to Equity History and Analysis
Debt Level: GCC's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: GCC's debt to equity ratio has reduced from 84.4% to 38.8% over the past 5 years.
Debt Coverage: GCC's debt is well covered by operating cash flow (42.7%).
Interest Coverage: GCC's interest payments on its debt are well covered by EBIT (10.5x coverage).