Carel Industries Balance Sheet Health

Financial Health criteria checks 6/6

Carel Industries has a total shareholder equity of €413.5M and total debt of €172.3M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are €842.2M and €428.6M respectively. Carel Industries's EBIT is €67.0M making its interest coverage ratio 7.1. It has cash and short-term investments of €88.3M.

Key information

41.7%

Debt to equity ratio

€172.32m

Debt

Interest coverage ratio7.1x
Cash€88.33m
Equity€413.52m
Total liabilities€428.63m
Total assets€842.15m

Recent financial health updates

Recent updates

Why Carel Industries' (BIT:CRL) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 15
Why Carel Industries' (BIT:CRL) Shaky Earnings Are Just The Beginning Of Its Problems

Is Carel Industries (BIT:CRL) A Risky Investment?

Oct 29
Is Carel Industries (BIT:CRL) A Risky Investment?

Carel Industries S.p.A.'s (BIT:CRL) Share Price Could Signal Some Risk

Sep 20
Carel Industries S.p.A.'s (BIT:CRL) Share Price Could Signal Some Risk

Is Now An Opportune Moment To Examine Carel Industries S.p.A. (BIT:CRL)?

Sep 05
Is Now An Opportune Moment To Examine Carel Industries S.p.A. (BIT:CRL)?

Earnings Update: Carel Industries S.p.A. (BIT:CRL) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts

Aug 05
Earnings Update: Carel Industries S.p.A. (BIT:CRL) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts

Here's Why Carel Industries (BIT:CRL) Can Manage Its Debt Responsibly

Jul 20
Here's Why Carel Industries (BIT:CRL) Can Manage Its Debt Responsibly

Carel Industries S.p.A.'s (BIT:CRL) Shareholders Might Be Looking For Exit

May 14
Carel Industries S.p.A.'s (BIT:CRL) Shareholders Might Be Looking For Exit

These 4 Measures Indicate That Carel Industries (BIT:CRL) Is Using Debt Reasonably Well

Apr 11
These 4 Measures Indicate That Carel Industries (BIT:CRL) Is Using Debt Reasonably Well

Carel Industries (BIT:CRL) Will Want To Turn Around Its Return Trends

Mar 26
Carel Industries (BIT:CRL) Will Want To Turn Around Its Return Trends

Concerns Surrounding Carel Industries' (BIT:CRL) Performance

Mar 13
Concerns Surrounding Carel Industries' (BIT:CRL) Performance

Should You Investigate Carel Industries S.p.A. (BIT:CRL) At €21.50?

Mar 06
Should You Investigate Carel Industries S.p.A. (BIT:CRL) At €21.50?

There's Reason For Concern Over Carel Industries S.p.A.'s (BIT:CRL) Price

Dec 27
There's Reason For Concern Over Carel Industries S.p.A.'s (BIT:CRL) Price

Should You Be Adding Carel Industries (BIT:CRL) To Your Watchlist Today?

Dec 05
Should You Be Adding Carel Industries (BIT:CRL) To Your Watchlist Today?

Here's What's Concerning About Carel Industries' (BIT:CRL) Returns On Capital

Oct 06
Here's What's Concerning About Carel Industries' (BIT:CRL) Returns On Capital

What Is Carel Industries S.p.A.'s (BIT:CRL) Share Price Doing?

Sep 07
What Is Carel Industries S.p.A.'s (BIT:CRL) Share Price Doing?

Is Carel Industries (BIT:CRL) Using Too Much Debt?

Aug 23
Is Carel Industries (BIT:CRL) Using Too Much Debt?

If EPS Growth Is Important To You, Carel Industries (BIT:CRL) Presents An Opportunity

Aug 03
If EPS Growth Is Important To You, Carel Industries (BIT:CRL) Presents An Opportunity

Carel Industries' (BIT:CRL) Returns On Capital Not Reflecting Well On The Business

Jul 07
Carel Industries' (BIT:CRL) Returns On Capital Not Reflecting Well On The Business

Should You Think About Buying Carel Industries S.p.A. (BIT:CRL) Now?

May 27
Should You Think About Buying Carel Industries S.p.A. (BIT:CRL) Now?

Here's Why We Think Carel Industries (BIT:CRL) Is Well Worth Watching

Apr 22
Here's Why We Think Carel Industries (BIT:CRL) Is Well Worth Watching

Here's What's Concerning About Carel Industries' (BIT:CRL) Returns On Capital

Apr 07
Here's What's Concerning About Carel Industries' (BIT:CRL) Returns On Capital

What Is Carel Industries S.p.A.'s (BIT:CRL) Share Price Doing?

Feb 17
What Is Carel Industries S.p.A.'s (BIT:CRL) Share Price Doing?

Carel Industries (BIT:CRL) Could Easily Take On More Debt

Feb 03
Carel Industries (BIT:CRL) Could Easily Take On More Debt

Carel Industries (BIT:CRL) Could Be Struggling To Allocate Capital

Jan 06
Carel Industries (BIT:CRL) Could Be Struggling To Allocate Capital

Here's Why We Think Carel Industries (BIT:CRL) Is Well Worth Watching

Dec 23
Here's Why We Think Carel Industries (BIT:CRL) Is Well Worth Watching

Does Carel Industries (BIT:CRL) Have A Healthy Balance Sheet?

Oct 25
Does Carel Industries (BIT:CRL) Have A Healthy Balance Sheet?

The Returns On Capital At Carel Industries (BIT:CRL) Don't Inspire Confidence

Sep 30
The Returns On Capital At Carel Industries (BIT:CRL) Don't Inspire Confidence

Here's Why Carel Industries (BIT:CRL) Has Caught The Eye Of Investors

Sep 14
Here's Why Carel Industries (BIT:CRL) Has Caught The Eye Of Investors

Should You Think About Buying Carel Industries S.p.A. (BIT:CRL) Now?

Jul 21
Should You Think About Buying Carel Industries S.p.A. (BIT:CRL) Now?

Carel Industries (BIT:CRL) Seems To Use Debt Rather Sparingly

Jul 03
Carel Industries (BIT:CRL) Seems To Use Debt Rather Sparingly

Here's What's Concerning About Carel Industries' (BIT:CRL) Returns On Capital

Jun 19
Here's What's Concerning About Carel Industries' (BIT:CRL) Returns On Capital

I Ran A Stock Scan For Earnings Growth And Carel Industries (BIT:CRL) Passed With Ease

Jun 05
I Ran A Stock Scan For Earnings Growth And Carel Industries (BIT:CRL) Passed With Ease

Is Now An Opportune Moment To Examine Carel Industries S.p.A. (BIT:CRL)?

Apr 10
Is Now An Opportune Moment To Examine Carel Industries S.p.A. (BIT:CRL)?

Carel Industries (BIT:CRL) Seems To Use Debt Rather Sparingly

Mar 28
Carel Industries (BIT:CRL) Seems To Use Debt Rather Sparingly

Does Carel Industries (BIT:CRL) Deserve A Spot On Your Watchlist?

Feb 27
Does Carel Industries (BIT:CRL) Deserve A Spot On Your Watchlist?

Is Carel Industries S.p.A. (BIT:CRL) Potentially Undervalued?

Jan 02
Is Carel Industries S.p.A. (BIT:CRL) Potentially Undervalued?

Does Carel Industries (BIT:CRL) Have A Healthy Balance Sheet?

Dec 18
Does Carel Industries (BIT:CRL) Have A Healthy Balance Sheet?

Returns On Capital Signal Tricky Times Ahead For Carel Industries (BIT:CRL)

Dec 02
Returns On Capital Signal Tricky Times Ahead For Carel Industries (BIT:CRL)

At €23.35, Is It Time To Put Carel Industries S.p.A. (BIT:CRL) On Your Watch List?

Oct 03
At €23.35, Is It Time To Put Carel Industries S.p.A. (BIT:CRL) On Your Watch List?

Is Carel Industries (BIT:CRL) A Risky Investment?

Sep 18
Is Carel Industries (BIT:CRL) A Risky Investment?

Carel Industries' (BIT:CRL) Returns On Capital Not Reflecting Well On The Business

Sep 02
Carel Industries' (BIT:CRL) Returns On Capital Not Reflecting Well On The Business

Here's Why I Think Carel Industries (BIT:CRL) Might Deserve Your Attention Today

Aug 18
Here's Why I Think Carel Industries (BIT:CRL) Might Deserve Your Attention Today

Financial Position Analysis

Short Term Liabilities: CRL's short term assets (€321.8M) exceed its short term liabilities (€172.1M).

Long Term Liabilities: CRL's short term assets (€321.8M) exceed its long term liabilities (€256.5M).


Debt to Equity History and Analysis

Debt Level: CRL's net debt to equity ratio (20.3%) is considered satisfactory.

Reducing Debt: CRL's debt to equity ratio has reduced from 102% to 41.7% over the past 5 years.

Debt Coverage: CRL's debt is well covered by operating cash flow (49.7%).

Interest Coverage: CRL's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 19:42
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Carel Industries S.p.A. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michele BaldelliBNP Paribas Exane
Luigi De BellisEquita SIM S.p.A.
Alessandro CecchiniEquita SIM S.p.A.