Comtech Telecommunications Balance Sheet Health
Financial Health criteria checks 4/6
Comtech Telecommunications has a total shareholder equity of $576.7M and total debt of $161.4M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are $991.0M and $414.3M respectively. Comtech Telecommunications's EBIT is $16.3M making its interest coverage ratio 0.8. It has cash and short-term investments of $27.2M.
Key information
28.0%
Debt to equity ratio
US$161.42m
Debt
Interest coverage ratio | 0.8x |
Cash | US$27.19m |
Equity | US$576.67m |
Total liabilities | US$414.33m |
Total assets | US$991.00m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CC6's short term assets ($344.4M) exceed its short term liabilities ($193.4M).
Long Term Liabilities: CC6's short term assets ($344.4M) exceed its long term liabilities ($220.9M).
Debt to Equity History and Analysis
Debt Level: CC6's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: CC6's debt to equity ratio has reduced from 33.1% to 28% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CC6 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CC6 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.