Caspian Sunrise Balance Sheet Health
Financial Health criteria checks 3/6
Caspian Sunrise has a total shareholder equity of $66.3M and total debt of $6.7M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are $134.9M and $68.6M respectively. Caspian Sunrise's EBIT is $15.0M making its interest coverage ratio 89. It has cash and short-term investments of $447.0K.
Key information
10.1%
Debt to equity ratio
US$6.69m
Debt
Interest coverage ratio | 89x |
Cash | US$447.00k |
Equity | US$66.31m |
Total liabilities | US$68.61m |
Total assets | US$134.92m |
Recent financial health updates
Recent updates
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 30Financial Position Analysis
Short Term Liabilities: CASP's short term assets ($14.1M) do not cover its short term liabilities ($28.4M).
Long Term Liabilities: CASP's short term assets ($14.1M) do not cover its long term liabilities ($40.2M).
Debt to Equity History and Analysis
Debt Level: CASP's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: CASP's debt to equity ratio has increased from 7.1% to 10.1% over the past 5 years.
Debt Coverage: CASP's debt is well covered by operating cash flow (84.6%).
Interest Coverage: CASP's interest payments on its debt are well covered by EBIT (89x coverage).