Compass Minerals International Balance Sheet Health
Financial Health criteria checks 2/6
Compass Minerals International has a total shareholder equity of $352.1M and total debt of $875.1M, which brings its debt-to-equity ratio to 248.5%. Its total assets and total liabilities are $1.6B and $1.2B respectively. Compass Minerals International's EBIT is $76.8M making its interest coverage ratio 1.2. It has cash and short-term investments of $12.8M.
Key information
248.5%
Debt to equity ratio
US$875.10m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$12.80m |
| Equity | US$352.10m |
| Total liabilities | US$1.24b |
| Total assets | US$1.60b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CM8's short term assets ($547.0M) exceed its short term liabilities ($188.4M).
Long Term Liabilities: CM8's short term assets ($547.0M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: CM8's net debt to equity ratio (244.9%) is considered high.
Reducing Debt: CM8's debt to equity ratio has reduced from 257.9% to 248.5% over the past 5 years.
Debt Coverage: CM8's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: CM8's interest payments on its debt are not well covered by EBIT (1.2x coverage).