Compass Minerals International Balance Sheet Health
Financial Health criteria checks 2/6
Compass Minerals International has a total shareholder equity of $459.8M and total debt of $913.7M, which brings its debt-to-equity ratio to 198.7%. Its total assets and total liabilities are $1.8B and $1.3B respectively. Compass Minerals International's EBIT is $76.1M making its interest coverage ratio 1.4. It has cash and short-term investments of $38.3M.
Key information
198.7%
Debt to equity ratio
US$913.70m
Debt
Interest coverage ratio | 1.4x |
Cash | US$38.30m |
Equity | US$459.80m |
Total liabilities | US$1.35b |
Total assets | US$1.81b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CM8's short term assets ($627.8M) exceed its short term liabilities ($204.3M).
Long Term Liabilities: CM8's short term assets ($627.8M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: CM8's net debt to equity ratio (190.4%) is considered high.
Reducing Debt: CM8's debt to equity ratio has reduced from 252.6% to 198.7% over the past 5 years.
Debt Coverage: CM8's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: CM8's interest payments on its debt are not well covered by EBIT (1.4x coverage).