City Service Balance Sheet Health
Financial Health criteria checks 3/6
City Service has a total shareholder equity of €25.0M and total debt of €19.0M, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are €80.8M and €55.8M respectively. City Service's EBIT is €6.8M making its interest coverage ratio 6.8. It has cash and short-term investments of €7.2M.
Key information
76.0%
Debt to equity ratio
€18.99m
Debt
| Interest coverage ratio | 6.8x |
| Cash | €7.17m |
| Equity | €24.99m |
| Total liabilities | €55.82m |
| Total assets | €80.81m |
Recent financial health updates
We Think City Service (WSE:CTS) Can Stay On Top Of Its Debt
Aug 12
City Service (WSE:CTS) Seems To Use Debt Quite Sensibly
Dec 01Does City Service (WSE:CTS) Have A Healthy Balance Sheet?
Aug 19Does City Service (WSE:CTS) Have A Healthy Balance Sheet?
Apr 18Is City Service (WSE:CTS) A Risky Investment?
Nov 13Is City Service (WSE:CTS) Using Too Much Debt?
Jul 30Recent updates
We Think City Service (WSE:CTS) Can Stay On Top Of Its Debt
Aug 12Improved Earnings Required Before City Service SE (WSE:CTS) Stock's 26% Jump Looks Justified
Jun 26City Service SE's (WSE:CTS) Business And Shares Still Trailing The Market
Feb 02City Service (WSE:CTS) Seems To Use Debt Quite Sensibly
Dec 01The Returns At City Service (WSE:CTS) Aren't Growing
Oct 28Does City Service (WSE:CTS) Have A Healthy Balance Sheet?
Aug 19Does City Service (WSE:CTS) Have A Healthy Balance Sheet?
Apr 18Investors Met With Slowing Returns on Capital At City Service (WSE:CTS)
Mar 14Is City Service (WSE:CTS) A Risky Investment?
Nov 13Is City Service (WSE:CTS) Using Too Much Debt?
Jul 30Calculating The Fair Value Of City Service SE (WSE:CTS)
Apr 15These Return Metrics Don't Make City Service (WSE:CTS) Look Too Strong
Feb 08A Look At The Intrinsic Value Of City Service SE (WSE:CTS)
Jan 12Is City Service (WSE:CTS) A Risky Investment?
Nov 13We Like These Underlying Return On Capital Trends At City Service (WSE:CTS)
May 24City Service (WSE:CTS) Has A Rock Solid Balance Sheet
May 03Here's What You Should Know About City Service SE's (WSE:CTS) 4.3% Dividend Yield
Mar 23What Type Of Returns Would City Service's(WSE:CTS) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 25Here’s What’s Happening With Returns At City Service (WSE:CTS)
Feb 07Does City Service (WSE:CTS) Have A Healthy Balance Sheet?
Jan 21
City Service SE's (WSE:CTS) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Jan 06Something To Consider Before Buying City Service SE (WSE:CTS) For The 5.2% Dividend
Dec 23Should You Rely On City Service's (WSE:CTS) Earnings Growth?
Dec 08If You Had Bought City Service's (WSE:CTS) Shares Three Years Ago You Would Be Down 33%
Nov 22Financial Position Analysis
Short Term Liabilities: CTS's short term assets (€40.5M) exceed its short term liabilities (€38.0M).
Long Term Liabilities: CTS's short term assets (€40.5M) exceed its long term liabilities (€17.8M).
Debt to Equity History and Analysis
Debt Level: CTS's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: CTS's debt to equity ratio has increased from 60.4% to 76% over the past 5 years.
Debt Coverage: CTS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CTS's interest payments on its debt are well covered by EBIT (6.8x coverage).