Concrete Fashion Group For Commercial and Industrial investmentsE Balance Sheet Health
Financial Health criteria checks 2/6
Concrete Fashion Group For Commercial and Industrial investmentsE has a total shareholder equity of $28.9M and total debt of $167.0M, which brings its debt-to-equity ratio to 578.9%. Its total assets and total liabilities are $311.0M and $282.1M respectively. Concrete Fashion Group For Commercial and Industrial investmentsE's EBIT is $20.0M making its interest coverage ratio 1. It has cash and short-term investments of $11.3M.
Key information
578.9%
Debt to equity ratio
US$167.02m
Debt
Interest coverage ratio | 1x |
Cash | US$11.30m |
Equity | US$28.85m |
Total liabilities | US$282.10m |
Total assets | US$310.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFGH's short term assets ($164.6M) do not cover its short term liabilities ($177.8M).
Long Term Liabilities: CFGH's short term assets ($164.6M) exceed its long term liabilities ($104.3M).
Debt to Equity History and Analysis
Debt Level: CFGH's net debt to equity ratio (539.7%) is considered high.
Reducing Debt: CFGH's debt to equity ratio has increased from 141.1% to 578.9% over the past 5 years.
Debt Coverage: CFGH's debt is well covered by operating cash flow (32.7%).
Interest Coverage: CFGH's interest payments on its debt are not well covered by EBIT (1x coverage).