Cavotec Balance Sheet Health
Financial Health criteria checks 6/6
Cavotec has a total shareholder equity of €56.7M and total debt of €20.0M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are €156.9M and €100.2M respectively. Cavotec's EBIT is €10.8M making its interest coverage ratio 3.5. It has cash and short-term investments of €14.6M.
Key information
35.3%
Debt to equity ratio
€20.03m
Debt
Interest coverage ratio | 3.5x |
Cash | €14.65m |
Equity | €56.75m |
Total liabilities | €100.15m |
Total assets | €156.90m |
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 SA (STO:CCC) Soars 26% But It's A Story Of Risk Vs Reward
Jul 03Shareholders Will Be Pleased With The Quality of Cavotec's (STO:CCC) Earnings
May 22Cavotec (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 (€95.0M) exceed its short term liabilities (€68.7M).
Long Term Liabilities: CCC's short term assets (€95.0M) exceed its long term liabilities (€31.5M).
Debt to Equity History and Analysis
Debt Level: CCC's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: CCC's debt to equity ratio has reduced from 35.5% to 35.3% over the past 5 years.
Debt Coverage: CCC's debt is well covered by operating cash flow (24.5%).
Interest Coverage: CCC's interest payments on its debt are well covered by EBIT (3.5x coverage).