Crosswood Balance Sheet Health
Financial Health criteria checks 5/6
Crosswood has a total shareholder equity of €81.4M and total debt of €4.2M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are €102.9M and €21.5M respectively. Crosswood's EBIT is €864.0K making its interest coverage ratio 10.9. It has cash and short-term investments of €2.1M.
Key information
5.2%
Debt to equity ratio
€4.22m
Debt
| Interest coverage ratio | 10.9x |
| Cash | €2.15m |
| Equity | €81.42m |
| Total liabilities | €21.49m |
| Total assets | €102.91m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CROS's short term assets (€2.5M) exceed its short term liabilities (€1.9M).
Long Term Liabilities: CROS's short term assets (€2.5M) do not cover its long term liabilities (€19.6M).
Debt to Equity History and Analysis
Debt Level: CROS's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: CROS's debt to equity ratio has reduced from 23% to 5.2% over the past 5 years.
Debt Coverage: CROS's debt is well covered by operating cash flow (60.9%).
Interest Coverage: CROS's interest payments on its debt are well covered by EBIT (10.9x coverage).