Climb Global Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Climb Global Solutions has a total shareholder equity of $79.8M and total debt of $1.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $302.8M and $222.9M respectively. Climb Global Solutions's EBIT is $19.7M making its interest coverage ratio -19.8. It has cash and short-term investments of $48.4M.
Key information
1.3%
Debt to equity ratio
US$1.02m
Debt
| Interest coverage ratio | -19.8x |
| Cash | US$48.36m |
| Equity | US$79.83m |
| Total liabilities | US$222.94m |
| Total assets | US$302.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PYA's short term assets ($236.8M) exceed its short term liabilities ($215.6M).
Long Term Liabilities: PYA's short term assets ($236.8M) exceed its long term liabilities ($7.3M).
Debt to Equity History and Analysis
Debt Level: PYA has more cash than its total debt.
Reducing Debt: PYA's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: PYA's debt is well covered by operating cash flow (3304.8%).
Interest Coverage: PYA earns more interest than it pays, so coverage of interest payments is not a concern.