CSL Balance Sheet Health
Financial Health criteria checks 4/6
CSL has a total shareholder equity of $19.4B and total debt of $10.5B, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are $38.0B and $18.6B respectively. CSL's EBIT is $3.9B making its interest coverage ratio 8.9. It has cash and short-term investments of $1.7B.
Key information
54.2%
Debt to equity ratio
US$10.52b
Debt
| Interest coverage ratio | 8.9x |
| Cash | US$1.66b |
| Equity | US$19.40b |
| Total liabilities | US$18.62b |
| Total assets | US$38.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSJA's short term assets ($10.8B) exceed its short term liabilities ($5.0B).
Long Term Liabilities: CSJA's short term assets ($10.8B) do not cover its long term liabilities ($13.7B).
Debt to Equity History and Analysis
Debt Level: CSJA's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: CSJA's debt to equity ratio has reduced from 88.4% to 54.2% over the past 5 years.
Debt Coverage: CSJA's debt is well covered by operating cash flow (26.3%).
Interest Coverage: CSJA's interest payments on its debt are well covered by EBIT (8.9x coverage).