Caspian Sunrise Balance Sheet Health
Financial Health criteria checks 3/6
Caspian Sunrise has a total shareholder equity of $65.0M and total debt of $11.7M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are $140.6M and $75.7M respectively. Caspian Sunrise's EBIT is $10.1M making its interest coverage ratio 31.4. It has cash and short-term investments of $674.0K.
Key information
18.0%
Debt to equity ratio
US$11.68m
Debt
| Interest coverage ratio | 31.4x |
| Cash | US$674.00k |
| Equity | US$64.96m |
| Total liabilities | US$75.69m |
| Total assets | US$140.65m |
Recent financial health updates
Recent updates
Caspian Sunrise plc (LON:CASP) Screens Well But There Might Be A Catch
Nov 14
Caspian Sunrise's (LON:CASP) Profits Appear To Have Quality Issues
Jul 22There's No Escaping Caspian Sunrise plc's (LON:CASP) Muted Earnings Despite A 54% Share Price Rise
Jul 21Caspian Sunrise plc's (LON:CASP) 26% Share Price Plunge Could Signal Some Risk
Jul 12A Look At The Intrinsic Value Of Caspian Sunrise plc (LON:CASP)
Jul 08Caspian Sunrise's (LON:CASP) Earnings Are Weaker Than They Seem
Sep 28Does Caspian Sunrise (LON:CASP) Have A Healthy Balance Sheet?
Sep 24Would Shareholders Who Purchased Caspian Sunrise's (LON:CASP) Stock Three Years Be Happy With The Share price Today?
Dec 30
Financial Position Analysis
Short Term Liabilities: CASP's short term assets ($17.2M) do not cover its short term liabilities ($35.3M).
Long Term Liabilities: CASP's short term assets ($17.2M) do not cover its long term liabilities ($40.4M).
Debt to Equity History and Analysis
Debt Level: CASP's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: CASP's debt to equity ratio has increased from 7.2% to 18% over the past 5 years.
Debt Coverage: CASP's debt is well covered by operating cash flow (24.8%).
Interest Coverage: CASP's interest payments on its debt are well covered by EBIT (31.4x coverage).