Core Molding Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Core Molding Technologies has a total shareholder equity of $139.0M and total debt of $23.0M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are $213.4M and $74.4M respectively. Core Molding Technologies's EBIT is $27.0M making its interest coverage ratio 26.7. It has cash and short-term investments of $24.5M.
Key information
16.5%
Debt to equity ratio
US$22.99m
Debt
Interest coverage ratio | 26.7x |
Cash | US$24.52m |
Equity | US$138.95m |
Total liabilities | US$74.42m |
Total assets | US$213.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XQN's short term assets ($102.9M) exceed its short term liabilities ($46.2M).
Long Term Liabilities: XQN's short term assets ($102.9M) exceed its long term liabilities ($28.2M).
Debt to Equity History and Analysis
Debt Level: XQN has more cash than its total debt.
Reducing Debt: XQN's debt to equity ratio has reduced from 59% to 16.5% over the past 5 years.
Debt Coverage: XQN's debt is well covered by operating cash flow (151.6%).
Interest Coverage: XQN's interest payments on its debt are well covered by EBIT (26.7x coverage).