CSL Balance Sheet Health
Financial Health criteria checks 4/6
CSL has a total shareholder equity of $17.9B and total debt of $10.7B, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are $35.4B and $17.6B respectively. CSL's EBIT is $3.0B making its interest coverage ratio 11.7. It has cash and short-term investments of $1.5B.
Key information
59.7%
Debt to equity ratio
US$10.68b
Debt
| Interest coverage ratio | 11.7x |
| Cash | US$1.51b |
| Equity | US$17.88b |
| Total liabilities | US$17.57b |
| Total assets | US$35.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSL N's short term assets ($9.6B) exceed its short term liabilities ($4.3B).
Long Term Liabilities: CSL N's short term assets ($9.6B) do not cover its long term liabilities ($13.2B).
Debt to Equity History and Analysis
Debt Level: CSL N's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: CSL N's debt to equity ratio has reduced from 115.9% to 59.7% over the past 5 years.
Debt Coverage: CSL N's debt is well covered by operating cash flow (20.4%).
Interest Coverage: CSL N's interest payments on its debt are well covered by EBIT (11.7x coverage).