Certara Balance Sheet Health
Financial Health criteria checks 3/6
Certara has a total shareholder equity of $1.1B and total debt of $293.0M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are $1.6B and $493.3M respectively. Certara's EBIT is $34.8M making its interest coverage ratio 2. It has cash and short-term investments of $241.2M.
Key information
27.1%
Debt to equity ratio
US$293.01m
Debt
Interest coverage ratio | 2x |
Cash | US$241.22m |
Equity | US$1.08b |
Total liabilities | US$493.26m |
Total assets | US$1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CERT *'s short term assets ($342.3M) exceed its short term liabilities ($103.2M).
Long Term Liabilities: CERT *'s short term assets ($342.3M) do not cover its long term liabilities ($390.1M).
Debt to Equity History and Analysis
Debt Level: CERT *'s net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CERT *'s debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CERT *'s debt is well covered by operating cash flow (31.6%).
Interest Coverage: CERT *'s interest payments on its debt are not well covered by EBIT (2x coverage).