Cairn Homes Balance Sheet Health
Financial Health criteria checks 6/6
Cairn Homes has a total shareholder equity of €757.2M and total debt of €173.8M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are €1.0B and €282.7M respectively. Cairn Homes's EBIT is €113.4M making its interest coverage ratio 8.4. It has cash and short-term investments of €25.6M.
Key information
23.0%
Debt to equity ratio
€173.83m
Debt
| Interest coverage ratio | 8.4x |
| Cash | €25.55m |
| Equity | €757.16m |
| Total liabilities | €282.74m |
| Total assets | €1.04b |
Recent financial health updates
We Think Cairn Homes (LON:CRN) Can Stay On Top Of Its Debt
Oct 12
We Think Cairn Homes (LON:CRN) Is Taking Some Risk With Its Debt
Mar 21Recent updates
Are Investors Undervaluing Cairn Homes plc (LON:CRN) By 23%?
Jul 02Shareholders May Be More Conservative With Cairn Homes plc's (LON:CRN) CEO Compensation For Now
May 04We Like These Underlying Return On Capital Trends At Cairn Homes (LON:CRN)
May 04Sentiment Still Eluding Cairn Homes plc (LON:CRN)
Feb 10Here's Why Cairn Homes (LON:CRN) Has Caught The Eye Of Investors
Dec 21There's Been No Shortage Of Growth Recently For Cairn Homes' (LON:CRN) Returns On Capital
Nov 18We Think Cairn Homes (LON:CRN) Can Stay On Top Of Its Debt
Oct 12With EPS Growth And More, Cairn Homes (LON:CRN) Makes An Interesting Case
Sep 01There's Been No Shortage Of Growth Recently For Cairn Homes' (LON:CRN) Returns On Capital
Jul 07Is Now The Time To Look At Buying Cairn Homes plc (LON:CRN)?
Jun 15If EPS Growth Is Important To You, Cairn Homes (LON:CRN) Presents An Opportunity
Apr 20We Like These Underlying Return On Capital Trends At Cairn Homes (LON:CRN)
Mar 04Is Now An Opportune Moment To Examine Cairn Homes plc (LON:CRN)?
Jan 25Should You Investigate Cairn Homes plc (LON:CRN) At UK£0.87?
Jun 15Is It Too Late To Consider Buying Cairn Homes plc (LON:CRN)?
Feb 25An Intrinsic Calculation For Cairn Homes plc (LON:CRN) Suggests It's 30% Undervalued
Jul 02Is It Time To Consider Buying Cairn Homes plc (LON:CRN)?
May 12We Think Cairn Homes (LON:CRN) Is Taking Some Risk With Its Debt
Mar 21With Cairn Homes plc (LON:CRN) It Looks Like You'll Get What You Pay For
Mar 06Cairn Homes plc Just Beat EPS By 29%: Here's What Analysts Think Will Happen Next
Mar 06Should Weakness in Cairn Homes plc's (LON:CRN) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Feb 18When Should You Buy Cairn Homes plc (LON:CRN)?
Jan 31
Cairn Homes'(LON:CRN) Share Price Is Down 52% Over The Past Three Years.
Jan 13Financial Position Analysis
Short Term Liabilities: CRN's short term assets (€1.0B) exceed its short term liabilities (€115.3M).
Long Term Liabilities: CRN's short term assets (€1.0B) exceed its long term liabilities (€167.5M).
Debt to Equity History and Analysis
Debt Level: CRN's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: CRN's debt to equity ratio has reduced from 26% to 23% over the past 5 years.
Debt Coverage: CRN's debt is well covered by operating cash flow (61.6%).
Interest Coverage: CRN's interest payments on its debt are well covered by EBIT (8.4x coverage).