California Water Service Group Balance Sheet Health
Financial Health criteria checks 2/6
California Water Service Group has a total shareholder equity of $1.5B and total debt of $1.3B, which brings its debt-to-equity ratio to 90.6%. Its total assets and total liabilities are $4.8B and $3.3B respectively. California Water Service Group's EBIT is $196.8M making its interest coverage ratio 3.5. It has cash and short-term investments of $42.8M.
Key information
90.6%
Debt to equity ratio
US$1.33b
Debt
Interest coverage ratio | 3.5x |
Cash | US$42.81m |
Equity | US$1.47b |
Total liabilities | US$3.31b |
Total assets | US$4.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WT5's short term assets ($283.1M) do not cover its short term liabilities ($507.9M).
Long Term Liabilities: WT5's short term assets ($283.1M) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: WT5's net debt to equity ratio (87.7%) is considered high.
Reducing Debt: WT5's debt to equity ratio has reduced from 130.8% to 90.6% over the past 5 years.
Debt Coverage: WT5's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: WT5's interest payments on its debt are well covered by EBIT (3.5x coverage).