Cadeler Balance Sheet Health
Financial Health criteria checks 3/6
Cadeler has a total shareholder equity of €1.1B and total debt of €579.3M, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are €1.8B and €695.2M respectively. Cadeler's EBIT is €20.1M making its interest coverage ratio 5.1. It has cash and short-term investments of €91.9M.
Key information
51.2%
Debt to equity ratio
€579.32m
Debt
| Interest coverage ratio | 5.1x |
| Cash | €91.85m |
| Equity | €1.13b |
| Total liabilities | €695.17m |
| Total assets | €1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CADLRO's short term assets (€185.7M) exceed its short term liabilities (€102.0M).
Long Term Liabilities: CADLRO's short term assets (€185.7M) do not cover its long term liabilities (€593.2M).
Debt to Equity History and Analysis
Debt Level: CADLRO's net debt to equity ratio (43%) is considered high.
Reducing Debt: CADLRO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CADLRO's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: CADLRO's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 03:06 |
| End of Day Share Price | 2024/11/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cadeler A/S is covered by 8 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jørgen Lande | Danske Bank |
| Martin Karlsen | DNB Markets |
| Magnus Andersen | Fearnley Securities |