Cargotec Balance Sheet Health
Financial Health criteria checks 6/6
Cargotec has a total shareholder equity of €1.8B and total debt of €689.1M, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are €4.4B and €2.6B respectively. Cargotec's EBIT is €484.4M making its interest coverage ratio 31.1. It has cash and short-term investments of €684.7M.
Key information
39.3%
Debt to equity ratio
€689.10m
Debt
| Interest coverage ratio | 31.1x |
| Cash | €684.70m |
| Equity | €1.75b |
| Total liabilities | €2.62b |
| Total assets | €4.38b |
Recent financial health updates
Is Cargotec (HEL:CGCBV) A Risky Investment?
Jan 17
Cargotec (HEL:CGCBV) Seems To Use Debt Quite Sensibly
Aug 16Does Cargotec (HEL:CGCBV) Have A Healthy Balance Sheet?
May 17Does Cargotec (HEL:CGCBV) Have A Healthy Balance Sheet?
Dec 05These 4 Measures Indicate That Cargotec (HEL:CGCBV) Is Using Debt Reasonably Well
Aug 18Cargotec (HEL:CGCBV) Has A Pretty Healthy Balance Sheet
Jan 17Recent updates
Here's Why Cargotec (HEL:CGCBV) Has Caught The Eye Of Investors
Mar 09Is Cargotec Corporation (HEL:CGCBV) Trading At A 28% Discount?
Jan 29Is Cargotec (HEL:CGCBV) A Risky Investment?
Jan 17Is There Now An Opportunity In Cargotec Corporation (HEL:CGCBV)?
Jan 05Market Still Lacking Some Conviction On Cargotec Corporation (HEL:CGCBV)
Dec 24We Ran A Stock Scan For Earnings Growth And Cargotec (HEL:CGCBV) Passed With Ease
Nov 15Are Investors Undervaluing Cargotec Corporation (HEL:CGCBV) By 41%?
Oct 18Is It Time To Consider Buying Cargotec Corporation (HEL:CGCBV)?
Sep 20Cargotec (HEL:CGCBV) Seems To Use Debt Quite Sensibly
Aug 16Calculating The Fair Value Of Cargotec Corporation (HEL:CGCBV)
Jul 05What Does Cargotec Corporation's (HEL:CGCBV) Share Price Indicate?
Jun 01Does Cargotec (HEL:CGCBV) Have A Healthy Balance Sheet?
May 17Cargotec (HEL:CGCBV) Is Increasing Its Dividend To €1.35
Feb 21Cargotec's (HEL:CGCBV) Dividend Will Be Increased To €1.34
Feb 07Is Now An Opportune Moment To Examine Cargotec Corporation (HEL:CGCBV)?
Jan 29Does Cargotec (HEL:CGCBV) Have A Healthy Balance Sheet?
Dec 05Should You Think About Buying Cargotec Corporation (HEL:CGCBV) Now?
Oct 17Cargotec Corporation (HEL:CGCBV) Shares Could Be 36% Below Their Intrinsic Value Estimate
Oct 04These 4 Measures Indicate That Cargotec (HEL:CGCBV) Is Using Debt Reasonably Well
Aug 18When Should You Buy Cargotec Corporation (HEL:CGCBV)?
Apr 28Cargotec (HEL:CGCBV) Has Affirmed Its Dividend Of €1.08
Feb 05Here's Why I Think Cargotec (HEL:CGCBV) Is An Interesting Stock
Feb 04Cargotec (HEL:CGCBV) Has A Pretty Healthy Balance Sheet
Jan 17Should You Think About Buying Cargotec Corporation (HEL:CGCBV) Now?
Dec 09These 4 Measures Indicate That Cargotec (HEL:CGCBV) Is Using Debt Extensively
Oct 17A Look At The Fair Value Of Cargotec Corporation (HEL:CGCBV)
Sep 28Is Now The Time To Look At Buying Cargotec Corporation (HEL:CGCBV)?
Sep 10Financial Position Analysis
Short Term Liabilities: CGCBV's short term assets (€2.7B) exceed its short term liabilities (€1.7B).
Long Term Liabilities: CGCBV's short term assets (€2.7B) exceed its long term liabilities (€911.8M).
Debt to Equity History and Analysis
Debt Level: CGCBV's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: CGCBV's debt to equity ratio has reduced from 63.8% to 39.3% over the past 5 years.
Debt Coverage: CGCBV's debt is well covered by operating cash flow (63.3%).
Interest Coverage: CGCBV's interest payments on its debt are well covered by EBIT (31.1x coverage).