C&C Group Balance Sheet Health
Financial Health criteria checks 5/6
C&C Group has a total shareholder equity of €742.9M and total debt of €203.3M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are €1.5B and €799.5M respectively. C&C Group's EBIT is €59.3M making its interest coverage ratio 4. It has cash and short-term investments of €96.6M.
Key information
27.4%
Debt to equity ratio
€203.30m
Debt
| Interest coverage ratio | 4x |
| Cash | €96.60m |
| Equity | €742.90m |
| Total liabilities | €799.50m |
| Total assets | €1.54b |
Recent financial health updates
C&C Group (LON:CCR) Has A Somewhat Strained Balance Sheet
Dec 21
We Think C&C Group (LON:CCR) Can Stay On Top Of Its Debt
Aug 22C&C Group (LON:CCR) Has A Pretty Healthy Balance Sheet
Feb 17Does C&C Group (LON:CCR) Have A Healthy Balance Sheet?
Nov 12C&C Group (LON:CCR) Is Making Moderate Use Of Debt
Nov 22C&C Group (LON:CCR) Takes On Some Risk With Its Use Of Debt
Dec 18
Recent updates
C&C Group plc's (LON:CCR) Intrinsic Value Is Potentially 34% Above Its Share Price
Feb 29C&C Group (LON:CCR) Has A Somewhat Strained Balance Sheet
Dec 21Is Now The Time To Look At Buying C&C Group plc (LON:CCR)?
Nov 04We Think C&C Group (LON:CCR) Can Stay On Top Of Its Debt
Aug 22Investors Met With Slowing Returns on Capital At C&C Group (LON:CCR)
May 20C&C Group (LON:CCR) Has A Pretty Healthy Balance Sheet
Feb 17Does C&C Group (LON:CCR) Have A Healthy Balance Sheet?
Nov 12Be Wary Of C&C Group (LON:CCR) And Its Returns On Capital
Jul 22Is C&C Group plc (LON:CCR) Potentially Undervalued?
Jun 04Is C&C Group plc (LON:CCR) Trading At A 37% Discount?
Dec 22C&C Group (LON:CCR) Is Making Moderate Use Of Debt
Nov 22An Intrinsic Calculation For C&C Group plc (LON:CCR) Suggests It's 26% Undervalued
Sep 11C&C Group plc (LON:CCR) Shares Could Be 45% Below Their Intrinsic Value Estimate
May 25Returns On Capital At C&C Group (LON:CCR) Paint A Concerning Picture
Apr 29C&C Group plc (LON:CCR) Insiders Increased Their Holdings
Feb 28An Intrinsic Calculation For C&C Group plc (LON:CCR) Suggests It's 48% Undervalued
Feb 06Reflecting on C&C Group's (LON:CCR) Share Price Returns Over The Last Year
Jan 13C&C Group (LON:CCR) Takes On Some Risk With Its Use Of Debt
Dec 18Is C&C Group plc (LON:CCR) Popular Amongst Institutions?
Nov 22Financial Position Analysis
Short Term Liabilities: CCR's short term assets (€555.5M) exceed its short term liabilities (€490.8M).
Long Term Liabilities: CCR's short term assets (€555.5M) exceed its long term liabilities (€308.7M).
Debt to Equity History and Analysis
Debt Level: CCR's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: CCR's debt to equity ratio has reduced from 93.8% to 27.4% over the past 5 years.
Debt Coverage: CCR's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: CCR's interest payments on its debt are well covered by EBIT (4x coverage).