CGG Balance Sheet Health
Financial Health criteria checks 2/6
CGG has a total shareholder equity of $1.1B and total debt of $1.2B, which brings its debt-to-equity ratio to 112.6%. Its total assets and total liabilities are $2.9B and $1.9B respectively. CGG's EBIT is $120.1M making its interest coverage ratio 1.3. It has cash and short-term investments of $327.0M.
Key information
112.6%
Debt to equity ratio
US$1.20b
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$327.00m |
| Equity | US$1.06b |
| Total liabilities | US$1.85b |
| Total assets | US$2.92b |
Recent financial health updates
Is CGG (EPA:CGG) A Risky Investment?
Feb 14
Is CGG (EPA:CGG) Using Too Much Debt?
Jul 29Does CGG (EPA:CGG) Have A Healthy Balance Sheet?
Apr 21Does CGG (EPA:CGG) Have A Healthy Balance Sheet?
Oct 26Here's Why CGG (EPA:CGG) Has A Meaningful Debt Burden
Jun 08Is CGG (EPA:CGG) Using Too Much Debt?
Feb 16Recent updates
CGG's (EPA:CGG) Intrinsic Value Is Potentially 34% Above Its Share Price
Apr 12Is CGG (EPA:CGG) A Risky Investment?
Feb 14Investors Give CGG (EPA:CGG) Shares A 26% Hiding
Jan 19Is CGG (EPA:CGG) Trading At A 50% Discount?
Jan 10We Like These Underlying Return On Capital Trends At CGG (EPA:CGG)
Sep 25Is CGG (EPA:CGG) Using Too Much Debt?
Jul 29An Intrinsic Calculation For CGG (EPA:CGG) Suggests It's 39% Undervalued
Jul 01Does CGG (EPA:CGG) Have A Healthy Balance Sheet?
Apr 21CGG's (EPA:CGG) Profits Appear To Have Quality Issues
Mar 24Does CGG (EPA:CGG) Have A Healthy Balance Sheet?
Oct 26CGG's (EPA:CGG) Returns On Capital Are Heading Higher
Jul 30Here's Why CGG (EPA:CGG) Has A Meaningful Debt Burden
Jun 08Are Investors Undervaluing CGG (EPA:CGG) By 22%?
May 12Is CGG (EPA:CGG) Using Too Much Debt?
Feb 16Does CGG (EPA:CGG) Have A Healthy Balance Sheet?
Jun 10Shareholders May Be Wary Of Increasing CGG's (EPA:CGG) CEO Compensation Package
May 05There's Been No Shortage Of Growth Recently For CGG's (EPA:CGG) Returns On Capital
Apr 16An Intrinsic Calculation For CGG (EPA:CGG) Suggests It's 45% Undervalued
Mar 21Is CGG (EPA:CGG) Using Too Much Debt?
Feb 23How Many CGG (EPA:CGG) Shares Do Institutions Own?
Jan 29We Like These Underlying Trends At CGG (EPA:CGG)
Dec 25
Key Things To Understand About CGG's (EPA:CGG) CEO Pay Cheque
Nov 29Financial Position Analysis
Short Term Liabilities: CGG's short term assets ($973.7M) exceed its short term liabilities ($550.3M).
Long Term Liabilities: CGG's short term assets ($973.7M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: CGG's net debt to equity ratio (81.8%) is considered high.
Reducing Debt: CGG's debt to equity ratio has increased from 66.7% to 112.6% over the past 5 years.
Debt Coverage: CGG's debt is well covered by operating cash flow (33.9%).
Interest Coverage: CGG's interest payments on its debt are not well covered by EBIT (1.3x coverage).