Corsair Gaming Balance Sheet Health
Financial Health criteria checks 5/6
Corsair Gaming has a total shareholder equity of $612.9M and total debt of $177.2M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are $1.2B and $589.8M respectively.
Key information
28.9%
Debt to equity ratio
US$177.22m
Debt
Interest coverage ratio | n/a |
Cash | US$58.91m |
Equity | US$612.87m |
Total liabilities | US$589.80m |
Total assets | US$1.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6C2's short term assets ($571.6M) exceed its short term liabilities ($361.1M).
Long Term Liabilities: 6C2's short term assets ($571.6M) exceed its long term liabilities ($228.7M).
Debt to Equity History and Analysis
Debt Level: 6C2's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 6C2's debt to equity ratio has reduced from 238.7% to 28.9% over the past 5 years.
Debt Coverage: 6C2's debt is well covered by operating cash flow (21.1%).
Interest Coverage: Insufficient data to determine if 6C2's interest payments on its debt are well covered by EBIT.