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Civitas Social Housing Balance Sheet Health
Financial Health criteria checks 1/6
Civitas Social Housing has a total shareholder equity of £661.9M and total debt of £361.9M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are £1.0B and £371.2M respectively. Civitas Social Housing's EBIT is £40.8M making its interest coverage ratio 2.4. It has cash and short-term investments of £35.6M.
Key information
54.7%
Debt to equity ratio
UK£361.92m
Debt
| Interest coverage ratio | 2.4x |
| Cash | UK£35.59m |
| Equity | UK£661.91m |
| Total liabilities | UK£371.22m |
| Total assets | UK£1.03b |
Financial Position Analysis
Short Term Liabilities: CSH's short term assets (£46.8M) exceed its short term liabilities (£9.3M).
Long Term Liabilities: CSH's short term assets (£46.8M) do not cover its long term liabilities (£361.9M).
Debt to Equity History and Analysis
Debt Level: CSH's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: CSH's debt to equity ratio has increased from 24.6% to 54.7% over the past 5 years.
Debt Coverage: CSH's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: CSH's interest payments on its debt are not well covered by EBIT (2.4x coverage).