Cadeler Balance Sheet Health
Financial Health criteria checks 4/6
Cadeler has a total shareholder equity of €959.0M and total debt of €205.6M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are €1.3B and €293.5M respectively. Cadeler's EBIT is €22.2M making its interest coverage ratio 15.3. It has cash and short-term investments of €96.6M.
Key information
21.4%
Debt to equity ratio
€205.57m
Debt
Interest coverage ratio | 15.3x |
Cash | €96.61m |
Equity | €959.04m |
Total liabilities | €293.52m |
Total assets | €1.25b |
Recent financial health updates
No updates
Recent updates
Cadeler's (OB:CADLR) Returns Have Hit A Wall
Aug 27Shareholders Shouldn’t Be Too Comfortable With Cadeler's (OB:CADLR) Strong Earnings
Apr 06Cadeler A/S Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 01Here's What Cadeler A/S' (OB:CADLR) Shareholder Ownership Structure Looks Like
Feb 28Financial Position Analysis
Short Term Liabilities: CADLR's short term assets (€147.5M) exceed its short term liabilities (€53.6M).
Long Term Liabilities: CADLR's short term assets (€147.5M) do not cover its long term liabilities (€239.9M).
Debt to Equity History and Analysis
Debt Level: CADLR's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: CADLR's debt to equity ratio has increased from 0% to 21.4% over the past 5 years.
Debt Coverage: CADLR's debt is well covered by operating cash flow (30.8%).
Interest Coverage: CADLR's interest payments on its debt are well covered by EBIT (15.3x coverage).