Carpenter Technology Balance Sheet Health
Financial Health criteria checks 6/6
Carpenter Technology has a total shareholder equity of $1.9B and total debt of $695.4M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are $3.5B and $1.6B respectively. Carpenter Technology's EBIT is $509.9M making its interest coverage ratio 12.5. It has cash and short-term investments of $315.5M.
Key information
36.85%
Debt to equity ratio
US$695.40m
Debt
| Interest coverage ratio | 12.5x |
| Cash | US$315.50m |
| Equity | US$1.89b |
| Total liabilities | US$1.60b |
| Total assets | US$3.49b |
Recent financial health updates
Is Carpenter Technology (NYSE:CRS) Using Too Much Debt?
May 21
Does Carpenter Technology (NYSE:CRS) Have A Healthy Balance Sheet?
Jan 20Is Carpenter Technology (NYSE:CRS) A Risky Investment?
Oct 13Recent updates
The Compensation For Carpenter Technology Corporation's (NYSE:CRS) CEO Looks Deserved And Here's Why
Oct 01Carpenter Technology: The Strong Bottom Line Could Drive Further Gains (Rating Upgrade)
Aug 30The Carpenter Technology Corporation (NYSE:CRS) Full-Year Results Are Out And Analysts Have Published New Forecasts
Aug 15Carpenter Technology (NYSE:CRS) Is Doing The Right Things To Multiply Its Share Price
Jul 08Are Carpenter Technology Corporation (NYSE:CRS) Investors Paying Above The Intrinsic Value?
Jun 20Is Carpenter Technology (NYSE:CRS) Using Too Much Debt?
May 21Market Participants Recognise Carpenter Technology Corporation's (NYSE:CRS) Earnings Pushing Shares 40% Higher
May 04Carpenter Technology Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Apr 27Carpenter Technology (NYSE:CRS) Shareholders Will Want The ROCE Trajectory To Continue
Mar 21Market Participants Recognise Carpenter Technology Corporation's (NYSE:CRS) Earnings
Mar 06Carpenter Technology Corp. Is Targeting Higher Growth In High-Margin Markets
Mar 03Do Carpenter Technology's (NYSE:CRS) Earnings Warrant Your Attention?
Feb 19Does Carpenter Technology (NYSE:CRS) Have A Healthy Balance Sheet?
Jan 20Is There An Opportunity With Carpenter Technology Corporation's (NYSE:CRS) 35% Undervaluation?
Jan 06Carpenter Technology Corp.: Robust Performance Into 2025 Despite Overvaluation - Hold
Dec 19Carpenter Technology's (NYSE:CRS) Returns On Capital Are Heading Higher
Dec 09After Leaping 25% Carpenter Technology Corporation (NYSE:CRS) Shares Are Not Flying Under The Radar
Nov 26Do Carpenter Technology's (NYSE:CRS) Earnings Warrant Your Attention?
Nov 21Is Carpenter Technology (NYSE:CRS) A Risky Investment?
Oct 13Carpenter Technology - The Market Is Being Irrational (Valuation Updated)
Sep 25
Optimizing Product Mix And Smart Pricing To Spearhead Profitable Growth
Strategic focus on productivity, product mix, and pricing actions aims to boost profitability margins and revenue, suggesting a managed growth trajectory.Carpenter Technology: Stellar Prospects, But May Not Be Advisable To Chase Now
Aug 06Financial Position Analysis
Short Term Liabilities: CRS's short term assets ($1.8B) exceed its short term liabilities ($483.7M).
Long Term Liabilities: CRS's short term assets ($1.8B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: CRS's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: CRS's debt to equity ratio has reduced from 49.9% to 36.9% over the past 5 years.
Debt Coverage: CRS's debt is well covered by operating cash flow (63.3%).
Interest Coverage: CRS's interest payments on its debt are well covered by EBIT (12.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/05 01:14 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/06/30 |
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Carpenter Technology Corporation is covered by 23 analysts. 6 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 |
|---|---|
| Andre Madrid | BTIG |
| Richard Safran | Buckingham Research Group Inc. |
| Daniel Whalen | Capstone Investments |