CSP International Fashion Group Balance Sheet Health
Financial Health criteria checks 4/6
CSP International Fashion Group has a total shareholder equity of €52.4M and total debt of €12.3M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are €101.2M and €48.8M respectively. CSP International Fashion Group's EBIT is €1.5M making its interest coverage ratio 1.8. It has cash and short-term investments of €12.7M.
Key information
23.4%
Debt to equity ratio
€12.26m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €12.69m |
| Equity | €52.36m |
| Total liabilities | €48.81m |
| Total assets | €101.17m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CSP's short term assets (€69.3M) exceed its short term liabilities (€29.9M).
Long Term Liabilities: CSP's short term assets (€69.3M) exceed its long term liabilities (€18.9M).
Debt to Equity History and Analysis
Debt Level: CSP has more cash than its total debt.
Reducing Debt: CSP's debt to equity ratio has reduced from 29.2% to 23.4% over the past 5 years.
Debt Coverage: CSP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CSP's interest payments on its debt are not well covered by EBIT (1.8x coverage).