Consolidated Water Balance Sheet Health
Financial Health criteria checks 5/6
Consolidated Water has a total shareholder equity of $191.8M and total debt of $383.2K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $218.4M and $26.6M respectively. Consolidated Water's EBIT is $38.1M making its interest coverage ratio -69. It has cash and short-term investments of $42.6M.
Key information
0.2%
Debt to equity ratio
US$383.22k
Debt
Interest coverage ratio | -69x |
Cash | US$42.62m |
Equity | US$191.83m |
Total liabilities | US$26.61m |
Total assets | US$218.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CW2's short term assets ($112.7M) exceed its short term liabilities ($23.9M).
Long Term Liabilities: CW2's short term assets ($112.7M) exceed its long term liabilities ($2.7M).
Debt to Equity History and Analysis
Debt Level: CW2 has more cash than its total debt.
Reducing Debt: CW2's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: CW2's debt is well covered by operating cash flow (2079.9%).
Interest Coverage: CW2 earns more interest than it pays, so coverage of interest payments is not a concern.