CBIZ Balance Sheet Health
Financial Health criteria checks 3/6
CBIZ has a total shareholder equity of $867.1M and total debt of $436.9M, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are $2.2B and $1.3B respectively. CBIZ's EBIT is $173.0M making its interest coverage ratio 8.5. It has cash and short-term investments of $1.4M.
Key information
50.4%
Debt to equity ratio
US$436.88m
Debt
Interest coverage ratio | 8.5x |
Cash | US$1.40m |
Equity | US$867.09m |
Total liabilities | US$1.33b |
Total assets | US$2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HQI's short term assets ($722.2M) exceed its short term liabilities ($470.1M).
Long Term Liabilities: 0HQI's short term assets ($722.2M) do not cover its long term liabilities ($859.9M).
Debt to Equity History and Analysis
Debt Level: 0HQI's net debt to equity ratio (50.2%) is considered high.
Reducing Debt: 0HQI's debt to equity ratio has increased from 29% to 50.4% over the past 5 years.
Debt Coverage: 0HQI's debt is well covered by operating cash flow (30.7%).
Interest Coverage: 0HQI's interest payments on its debt are well covered by EBIT (8.5x coverage).