Commercial Vehicle Group Balance Sheet Health
Financial Health criteria checks 5/6
Commercial Vehicle Group has a total shareholder equity of $172.9M and total debt of $141.5M, which brings its debt-to-equity ratio to 81.8%. Its total assets and total liabilities are $483.2M and $310.3M respectively. Commercial Vehicle Group's EBIT is $49.4M making its interest coverage ratio 4.6. It has cash and short-term investments of $37.8M.
Key information
81.8%
Debt to equity ratio
US$141.51m
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$37.85m |
| Equity | US$172.93m |
| Total liabilities | US$310.28m |
| Total assets | US$483.21m |
Recent financial health updates
We Think Commercial Vehicle Group (NASDAQ:CVGI) Is Taking Some Risk With Its Debt
May 04
Commercial Vehicle Group (NASDAQ:CVGI) Seems To Be Using A Lot Of Debt
Oct 12Commercial Vehicle Group (NASDAQ:CVGI) Has A Somewhat Strained Balance Sheet
Jan 05Is Commercial Vehicle Group (NASDAQ:CVGI) A Risky Investment?
Aug 27Is Commercial Vehicle Group (NASDAQ:CVGI) Using Too Much Debt?
May 03Is Commercial Vehicle Group (NASDAQ:CVGI) A Risky Investment?
Jan 15Recent updates
Commercial 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 09Commercial Vehicle Group (NASDAQ:CVGI) Has A Somewhat Strained Balance Sheet
Jan 05Commercial Vehicle Group (NASDAQ:CVGI) Is Looking To Continue Growing Its Returns On Capital
Dec 15Commercial Vehicle Group, Inc. Executing Well On Its Transformation Plan
Aug 30Is Commercial Vehicle Group (NASDAQ:CVGI) A Risky Investment?
Aug 27Commercial Vehicle Group's (NASDAQ:CVGI) Strong Earnings Are Of Good Quality
Aug 10Estimating The Intrinsic Value Of Commercial Vehicle Group, Inc. (NASDAQ:CVGI)
May 24Commercial Vehicle EPS beats by $0.20, beats on revenue
May 04Is Commercial Vehicle Group (NASDAQ:CVGI) Using Too Much Debt?
May 03Commercial Vehicle Group (NASDAQ:CVGI) May Have Issues Allocating Its Capital
Apr 07This Analyst Just Wrote A Brand New Outlook For Commercial Vehicle Group, Inc.'s (NASDAQ:CVGI) Business
Mar 12What Type Of Shareholders Own The Most Number of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Shares?
Feb 26Is Commercial Vehicle Group's (NASDAQ:CVGI) Share Price Gain Of 300% Well Earned?
Feb 05Is Commercial Vehicle Group (NASDAQ:CVGI) A Risky Investment?
Jan 15Is Commercial Vehicle Group (NASDAQ:CVGI) Shrinking?
Dec 25Commercial Vehicle Group (CVGI) Presents At Leveraged Finance Virtual Conference - Slideshow
Dec 04A Look At The Fair Value Of Commercial Vehicle Group, Inc. (NASDAQ:CVGI)
Dec 04Commercial Vehicle Group Could Double In Value
Nov 25Commercial Vehicle Group (CVGI) Presents At Sidoti Virtual Microcap Conference
Nov 20Financial Position Analysis
Short Term Liabilities: CVGI's short term assets ($327.7M) exceed its short term liabilities ($145.2M).
Long Term Liabilities: CVGI's short term assets ($327.7M) exceed its long term liabilities ($165.1M).
Debt to Equity History and Analysis
Debt Level: CVGI's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: CVGI's debt to equity ratio has reduced from 149.4% to 81.8% over the past 5 years.
Debt Coverage: CVGI's debt is well covered by operating cash flow (27%).
Interest Coverage: CVGI's interest payments on its debt are well covered by EBIT (4.6x coverage).