Cable One Balance Sheet Health
Financial Health criteria checks 2/6
Cable One has a total shareholder equity of $1.9B and total debt of $3.7B, which brings its debt-to-equity ratio to 195%. Its total assets and total liabilities are $6.8B and $5.0B respectively. Cable One's EBIT is $540.9M making its interest coverage ratio 3.5. It has cash and short-term investments of $214.8M.
Key information
195.0%
Debt to equity ratio
US$3.65b
Debt
Interest coverage ratio | 3.5x |
Cash | US$214.80m |
Equity | US$1.87b |
Total liabilities | US$4.97b |
Total assets | US$6.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XC1's short term assets ($342.4M) exceed its short term liabilities ($202.8M).
Long Term Liabilities: XC1's short term assets ($342.4M) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: XC1's net debt to equity ratio (183.5%) is considered high.
Reducing Debt: XC1's debt to equity ratio has increased from 150.5% to 195% over the past 5 years.
Debt Coverage: XC1's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: XC1's interest payments on its debt are well covered by EBIT (3.5x coverage).