Crown Castle Balance Sheet Health
Financial Health criteria checks 0/6
Crown Castle has a total shareholder equity of $6.0B and total debt of $23.1B, which brings its debt-to-equity ratio to 382.4%. Its total assets and total liabilities are $38.2B and $32.2B respectively. Crown Castle's EBIT is $2.4B making its interest coverage ratio 2.8. It has cash and short-term investments of $125.0M.
Key information
382.4%
Debt to equity ratio
US$23.13b
Debt
Interest coverage ratio | 2.8x |
Cash | US$125.00m |
Equity | US$6.05b |
Total liabilities | US$32.18b |
Total assets | US$38.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8CW's short term assets ($977.0M) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: 8CW's short term assets ($977.0M) do not cover its long term liabilities ($29.8B).
Debt to Equity History and Analysis
Debt Level: 8CW's net debt to equity ratio (380.3%) is considered high.
Reducing Debt: 8CW's debt to equity ratio has increased from 144.6% to 382.4% over the past 5 years.
Debt Coverage: 8CW's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 8CW's interest payments on its debt are not well covered by EBIT (2.8x coverage).