Cargotec Balance Sheet Health
Financial Health criteria checks 6/6
Cargotec has a total shareholder equity of €1.2B and total debt of €275.6M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are €2.5B and €1.3B respectively. Cargotec's EBIT is €497.8M making its interest coverage ratio 18.6. It has cash and short-term investments of €437.1M.
Key information
23.0%
Debt to equity ratio
€275.60m
Debt
| Interest coverage ratio | 18.6x |
| Cash | €437.10m |
| Equity | €1.20b |
| Total liabilities | €1.32b |
| Total assets | €2.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGCBVH's short term assets (€1.5B) exceed its short term liabilities (€995.5M).
Long Term Liabilities: CGCBVH's short term assets (€1.5B) exceed its long term liabilities (€320.2M).
Debt to Equity History and Analysis
Debt Level: CGCBVH has more cash than its total debt.
Reducing Debt: CGCBVH's debt to equity ratio has reduced from 80.9% to 23% over the past 5 years.
Debt Coverage: CGCBVH's debt is well covered by operating cash flow (206.8%).
Interest Coverage: CGCBVH's interest payments on its debt are well covered by EBIT (18.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 09:20 |
| End of Day Share Price | 2024/11/26 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Cargotec Corporation is covered by 24 analysts. 6 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 |
|---|---|
| Olof Cederholm | ABG Sundal Collier |
| Andreas Koski | BNP Paribas Exane |
| Johan Eliason | CA Cheuvreux |