CTS Balance Sheet Health
Financial Health criteria checks 5/6
CTS has a total shareholder equity of $521.3M and total debt of $67.5M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are $732.8M and $211.6M respectively. CTS's EBIT is $75.7M making its interest coverage ratio -50.1. It has cash and short-term investments of $162.4M.
Key information
12.9%
Debt to equity ratio
US$67.50m
Debt
Interest coverage ratio | -50.1x |
Cash | US$162.43m |
Equity | US$521.29m |
Total liabilities | US$211.56m |
Total assets | US$732.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XT1's short term assets ($318.2M) exceed its short term liabilities ($95.9M).
Long Term Liabilities: XT1's short term assets ($318.2M) exceed its long term liabilities ($115.6M).
Debt to Equity History and Analysis
Debt Level: XT1 has more cash than its total debt.
Reducing Debt: XT1's debt to equity ratio has increased from 12.9% to 12.9% over the past 5 years.
Debt Coverage: XT1's debt is well covered by operating cash flow (131.6%).
Interest Coverage: XT1 earns more interest than it pays, so coverage of interest payments is not a concern.