Crosswood Balance Sheet Health
Financial Health criteria checks 4/6
Crosswood has a total shareholder equity of €79.9M and total debt of €4.9M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are €101.3M and €21.4M respectively. Crosswood's EBIT is €355.0K making its interest coverage ratio 3.8. It has cash and short-term investments of €886.0K.
Key information
6.1%
Debt to equity ratio
€4.87m
Debt
Interest coverage ratio | 3.8x |
Cash | €886.00k |
Equity | €79.91m |
Total liabilities | €21.36m |
Total assets | €101.27m |
Financial Position Analysis
Short Term Liabilities: CROS's short term assets (€1.3M) exceed its short term liabilities (€1.3M).
Long Term Liabilities: CROS's short term assets (€1.3M) do not cover its long term liabilities (€20.1M).
Debt to Equity History and Analysis
Debt Level: CROS's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: CROS's debt to equity ratio has reduced from 18.3% to 6.1% over the past 5 years.
Debt Coverage: CROS's debt is not well covered by operating cash flow (7%).
Interest Coverage: CROS's interest payments on its debt are well covered by EBIT (3.8x coverage).