Cromwell Property Group Balance Sheet Health
Financial Health criteria checks 1/6
Cromwell Property Group has a total shareholder equity of A$1.9B and total debt of A$1.6B, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are A$3.9B and A$2.0B respectively. Cromwell Property Group's EBIT is A$132.0M making its interest coverage ratio 1.5. It has cash and short-term investments of A$176.4M.
Key information
83.0%
Debt to equity ratio
AU$1.57b
Debt
Interest coverage ratio | 1.5x |
Cash | AU$176.40m |
Equity | AU$1.89b |
Total liabilities | AU$1.97b |
Total assets | AU$3.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C4Q's short term assets (A$840.9M) exceed its short term liabilities (A$658.0M).
Long Term Liabilities: C4Q's short term assets (A$840.9M) do not cover its long term liabilities (A$1.3B).
Debt to Equity History and Analysis
Debt Level: C4Q's net debt to equity ratio (73.6%) is considered high.
Reducing Debt: C4Q's debt to equity ratio has increased from 62.1% to 83% over the past 5 years.
Debt Coverage: C4Q's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: C4Q's interest payments on its debt are not well covered by EBIT (1.5x coverage).