Corsair Gaming Balance Sheet Health
Financial Health criteria checks 5/6
Corsair Gaming has a total shareholder equity of $694.0M and total debt of $198.2M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are $1.4B and $663.5M respectively. Corsair Gaming's EBIT is $9.7M making its interest coverage ratio 0.9. It has cash and short-term investments of $175.6M.
Key information
28.6%
Debt to equity ratio
US$198.20m
Debt
Interest coverage ratio | 0.9x |
Cash | US$175.62m |
Equity | US$693.98m |
Total liabilities | US$663.48m |
Total assets | US$1.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRSR *'s short term assets ($711.6M) exceed its short term liabilities ($418.5M).
Long Term Liabilities: CRSR *'s short term assets ($711.6M) exceed its long term liabilities ($245.0M).
Debt to Equity History and Analysis
Debt Level: CRSR *'s net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: CRSR *'s debt to equity ratio has reduced from 259.8% to 28.6% over the past 5 years.
Debt Coverage: CRSR *'s debt is well covered by operating cash flow (45%).
Interest Coverage: CRSR *'s interest payments on its debt are not well covered by EBIT (0.9x coverage).