Commercial Vehicle Group Balance Sheet Health
Financial Health criteria checks 3/6
Commercial Vehicle Group has a total shareholder equity of $179.3M and total debt of $128.8M, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are $495.3M and $316.1M respectively. Commercial Vehicle Group's EBIT is $27.5M making its interest coverage ratio 2.8. It has cash and short-term investments of $30.9M.
Key information
71.8%
Debt to equity ratio
US$128.76m
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$30.89m |
| Equity | US$179.27m |
| Total liabilities | US$316.08m |
| Total assets | US$495.34m |
Recent financial health updates
Is Commercial Vehicle Group (NASDAQ:CVGI) Using Too Much Debt?
Dec 21
Does Commercial Vehicle Group (NASDAQ:CVGI) Have A Healthy Balance Sheet?
Jun 06We Think Commercial Vehicle Group (NASDAQ:CVGI) Is Taking Some Risk With Its Debt
May 04Commercial Vehicle Group (NASDAQ:CVGI) Seems To Be Using A Lot Of Debt
Oct 12Recent updates
Is Commercial Vehicle Group (NASDAQ:CVGI) Using Too Much Debt?
Dec 21Impressive Earnings May Not Tell The Whole Story For Commercial Vehicle Group (NASDAQ:CVGI)
Nov 15What You Need To Know About The Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Analyst Downgrade Today
Nov 08Here's What's Concerning About Commercial Vehicle Group's (NASDAQ:CVGI) Returns On Capital
Oct 02Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Might Not Be As Mispriced As It Looks After Plunging 29%
Sep 04Does Commercial Vehicle Group (NASDAQ:CVGI) Have A Healthy Balance Sheet?
Jun 06Commercial Vehicle Group: Disappointing FY2023 Results And Outlook
Mar 11Commercial Vehicle Group (NASDAQ:CVGI) May Have Issues Allocating Its Capital
Nov 03Estimating The Intrinsic Value Of Commercial Vehicle Group, Inc. (NASDAQ:CVGI)
Jul 02We Think Commercial Vehicle Group (NASDAQ:CVGI) Is Taking Some Risk With Its Debt
May 04Commercial Vehicle Group (NASDAQ:CVGI) Hasn't Managed To Accelerate Its Returns
Feb 01Commercial Vehicle Group (NASDAQ:CVGI) Seems To Be Using A Lot Of Debt
Oct 12Here's What To Make Of Commercial Vehicle Group's (NASDAQ:CVGI) Decelerating Rates Of Return
Sep 23Commercial Vehicle Non-GAAP EPS of $0.13 misses by $0.04, revenue of $250.8M beats by $6.19M
Aug 04Commercial Vehicle Group (NASDAQ:CVGI) Shareholders Will Want The ROCE Trajectory To Continue
Mar 23CVG Making Sound Choices To Drive Improved Future Results
Mar 09Financial Position Analysis
Short Term Liabilities: CVGI's short term assets ($346.3M) exceed its short term liabilities ($150.1M).
Long Term Liabilities: CVGI's short term assets ($346.3M) exceed its long term liabilities ($165.9M).
Debt to Equity History and Analysis
Debt Level: CVGI's net debt to equity ratio (54.6%) is considered high.
Reducing Debt: CVGI's debt to equity ratio has reduced from 114.2% to 71.8% over the past 5 years.
Debt Coverage: CVGI's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: CVGI's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 09:49 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Commercial Vehicle Group, Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Leiker | Baird |
| Gary Prestopino | Barrington Research Associates, Inc. |
| Joseph Gomes | NOBLE Capital Markets, Inc. |