Commercial Vehicle Group Balance Sheet Health
Financial Health criteria checks 5/6
Commercial Vehicle Group has a total shareholder equity of $175.5M and total debt of $155.7M, which brings its debt-to-equity ratio to 88.7%. Its total assets and total liabilities are $509.2M and $333.7M respectively. Commercial Vehicle Group's EBIT is $43.2M making its interest coverage ratio 4.3. It has cash and short-term investments of $46.8M.
Key information
88.7%
Debt to equity ratio
US$155.74m
Debt
Interest coverage ratio | 4.3x |
Cash | US$46.82m |
Equity | US$175.54m |
Total liabilities | US$333.71m |
Total assets | US$509.25m |
Recent financial health updates
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 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 03Recent updates
Does 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 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 25Financial Position Analysis
Short Term Liabilities: CVGI's short term assets ($356.2M) exceed its short term liabilities ($155.0M).
Long Term Liabilities: CVGI's short term assets ($356.2M) exceed its long term liabilities ($178.7M).
Debt to Equity History and Analysis
Debt Level: CVGI's net debt to equity ratio (62%) is considered high.
Reducing Debt: CVGI's debt to equity ratio has reduced from 125.4% to 88.7% over the past 5 years.
Debt Coverage: CVGI's debt is well covered by operating cash flow (23%).
Interest Coverage: CVGI's interest payments on its debt are well covered by EBIT (4.3x coverage).