Cmb.Tech Balance Sheet Health
Financial Health criteria checks 3/6
Cmb.Tech has a total shareholder equity of $1.1B and total debt of $2.4B, which brings its debt-to-equity ratio to 217.3%. Its total assets and total liabilities are $3.6B and $2.5B respectively. Cmb.Tech's EBIT is $403.6M making its interest coverage ratio 3.9. It has cash and short-term investments of $47.8M.
Key information
217.3%
Debt to equity ratio
US$2.39b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$47.78m |
| Equity | US$1.10b |
| Total liabilities | US$2.52b |
| Total assets | US$3.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K9A's short term assets ($530.6M) exceed its short term liabilities ($411.7M).
Long Term Liabilities: 0K9A's short term assets ($530.6M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: 0K9A's net debt to equity ratio (212.9%) is considered high.
Reducing Debt: 0K9A's debt to equity ratio has increased from 79.5% to 217.3% over the past 5 years.
Debt Coverage: 0K9A's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 0K9A's interest payments on its debt are well covered by EBIT (3.9x coverage).