Cavotec Balance Sheet Health
Financial Health criteria checks 4/6
Cavotec has a total shareholder equity of €56.6M and total debt of €21.5M, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are €157.2M and €100.7M respectively. Cavotec's EBIT is €9.1M making its interest coverage ratio 2.6. It has cash and short-term investments of €15.2M.
Key information
38.0%
Debt to equity ratio
€21.47m
Debt
Interest coverage ratio | 2.6x |
Cash | €15.24m |
Equity | €56.56m |
Total liabilities | €100.66m |
Total assets | €157.22m |
Recent financial health updates
Would Cavotec (STO:CCC) Be Better Off With Less Debt?
May 04Here's Why Cavotec (STO:CCC) Can Manage Its Debt Responsibly
May 20These 4 Measures Indicate That Cavotec (STO:CCC) Is Using Debt Reasonably Well
Feb 14Recent updates
Cavotec (STO:CCC) Will Be Hoping To Turn Its Returns On Capital Around
Dec 05Market Cool On Cavotec SA's (STO:CCC) Revenues
Oct 19Would Cavotec (STO:CCC) Be Better Off With Less Debt?
May 04Cavotec (STO:CCC) Is Finding It Tricky To Allocate Its Capital
Jul 29Here's Why Cavotec (STO:CCC) Can Manage Its Debt Responsibly
May 20Cavotec (STO:CCC) Has More To Do To Multiply In Value Going Forward
Apr 02Trade Alert: The Group Chief Information Officer Of Cavotec SA (STO:CCC), Giorgio Lingiardi, Has Sold Some Shares Recently
Mar 11A Look At Cavotec's (STO:CCC) Share Price Returns
Mar 01These 4 Measures Indicate That Cavotec (STO:CCC) Is Using Debt Reasonably Well
Feb 14What You Need To Know About Cavotec SA's (STO:CCC) Investor Composition
Jan 27Can Cavotec SA (STO:CCC) Performance Keep Up Given Its Mixed Bag Of Fundamentals?
Jan 12How Is Cavotec's (STO:CCC) CEO Paid Relative To Peers?
Dec 26Can Cavotec (STO:CCC) Continue To Grow Its Returns On Capital?
Dec 13What Is Cavotec SA's (STO:CCC) Share Price Doing?
Nov 29Financial Position Analysis
Short Term Liabilities: CCC's short term assets (€94.8M) exceed its short term liabilities (€66.4M).
Long Term Liabilities: CCC's short term assets (€94.8M) exceed its long term liabilities (€34.3M).
Debt to Equity History and Analysis
Debt Level: CCC's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: CCC's debt to equity ratio has reduced from 52.9% to 38% over the past 5 years.
Debt Coverage: CCC's debt is not well covered by operating cash flow (9%).
Interest Coverage: CCC's interest payments on its debt are not well covered by EBIT (2.6x coverage).