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ContourGlobal Balance Sheet Health
Financial Health criteria checks 3/6
ContourGlobal has a total shareholder equity of $610.0M and total debt of $3.9B, which brings its debt-to-equity ratio to 645.9%. Its total assets and total liabilities are $6.0B and $5.4B respectively. ContourGlobal's EBIT is $418.9M making its interest coverage ratio 1.9. It has cash and short-term investments of $561.2M.
Key information
645.9%
Debt to equity ratio
US$3.94b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$561.20m |
| Equity | US$610.00m |
| Total liabilities | US$5.38b |
| Total assets | US$5.99b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLOL's short term assets ($1.4B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: GLOL's short term assets ($1.4B) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: GLOL's net debt to equity ratio (553.9%) is considered high.
Reducing Debt: GLOL's debt to equity ratio has reduced from 743.1% to 645.9% over the past 5 years.
Debt Coverage: GLOL's debt is well covered by operating cash flow (20.8%).
Interest Coverage: GLOL's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/12/21 20:01 |
| End of Day Share Price | 2022/12/16 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ContourGlobal plc is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sofia Savvantidou | BNP Paribas Exane |
| Alberto Gandolfi | Goldman Sachs |
| Marc Elliott | Investec Bank plc (UK) |