CT Automotive Group Balance Sheet Health
Financial Health criteria checks 3/6
CT Automotive Group has a total shareholder equity of $11.1M and total debt of $16.6M, which brings its debt-to-equity ratio to 149.5%. Its total assets and total liabilities are $83.0M and $71.9M respectively.
Key information
149.5%
Debt to equity ratio
US$16.60m
Debt
Interest coverage ratio | n/a |
Cash | US$7.59m |
Equity | US$11.11m |
Total liabilities | US$71.93m |
Total assets | US$83.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CTA's short term assets ($66.2M) exceed its short term liabilities ($63.8M).
Long Term Liabilities: CTA's short term assets ($66.2M) exceed its long term liabilities ($8.1M).
Debt to Equity History and Analysis
Debt Level: CTA's net debt to equity ratio (81.1%) is considered high.
Reducing Debt: CTA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if CTA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CTA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.