Custom Truck One Source Balance Sheet Health
Financial Health criteria checks 2/6
Custom Truck One Source has a total shareholder equity of $896.7M and total debt of $2.3B, which brings its debt-to-equity ratio to 252.7%. Its total assets and total liabilities are $3.5B and $2.6B respectively. Custom Truck One Source's EBIT is $165.0M making its interest coverage ratio 1.2. It has cash and short-term investments of $8.0M.
Key information
252.7%
Debt to equity ratio
US$2.27b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$7.99m |
| Equity | US$896.68m |
| Total liabilities | US$2.55b |
| Total assets | US$3.45b |
Recent financial health updates
Is Custom Truck One Source (NYSE:CTOS) A Risky Investment?
Apr 11
Custom Truck One Source (NYSE:CTOS) Has A Somewhat Strained Balance Sheet
Oct 24Is Custom Truck One Source (NYSE:CTOS) Using Too Much Debt?
Apr 22Is Custom Truck One Source (NYSE:CTOS) Using Too Much Debt?
Jan 19These 4 Measures Indicate That Custom Truck One Source (NYSE:CTOS) Is Using Debt Extensively
Sep 09Custom Truck One Source (NYSE:CTOS) Takes On Some Risk With Its Use Of Debt
May 13Recent updates
Is Custom Truck One Source (NYSE:CTOS) A Risky Investment?
Apr 11Custom Truck One Source, Inc.'s (NYSE:CTOS) Share Price Matching Investor Opinion
Mar 09Custom Truck One Source: A Strong Buy Rating Based On Internal And External Strengths
Feb 02Is There An Opportunity With Custom Truck One Source, Inc.'s (NYSE:CTOS) 36% Undervaluation?
Dec 30With Custom Truck One Source, Inc. (NYSE:CTOS) It Looks Like You'll Get What You Pay For
Dec 07Here's Why We Think Custom Truck One Source (NYSE:CTOS) Is Well Worth Watching
Nov 12Custom Truck: ESG Efforts, Capacity Expansion, And Cheap
Oct 24Custom Truck One Source (NYSE:CTOS) Has A Somewhat Strained Balance Sheet
Oct 24Estimating The Intrinsic Value Of Custom Truck One Source, Inc. (NYSE:CTOS)
Jul 12Custom Truck One Source: A Deep Dive Into Strategy And Market Position
Jun 22Is Custom Truck One Source (NYSE:CTOS) Using Too Much Debt?
Apr 22Is Custom Truck One Source, Inc. (NYSE:CTOS) Trading At A 21% Discount?
Feb 23Is Custom Truck One Source (NYSE:CTOS) Using Too Much Debt?
Jan 19Custom Truck: Infrastructure Bill And Customization Could Be FCF Drivers
Jan 13Custom Truck One Source CEO to retire, McMonagle to succeed
Dec 07Custom Truck One Source, Inc. (NYSE:CTOS) Shares Could Be 30% Below Their Intrinsic Value Estimate
Oct 22These 4 Measures Indicate That Custom Truck One Source (NYSE:CTOS) Is Using Debt Extensively
Sep 09A Look At The Intrinsic Value Of Custom Truck One Source, Inc. (NYSE:CTOS)
Jul 22Custom Truck One Source (NYSE:CTOS) Takes On Some Risk With Its Use Of Debt
May 13Estimating The Fair Value Of Custom Truck One Source, Inc. (NYSE:CTOS)
Apr 22We Think Custom Truck One Source (NYSE:CTOS) Has A Fair Chunk Of Debt
Jan 12These 4 Measures Indicate That Custom Truck One Source (NYSE:CTOS) Is Using Debt In A Risky Way
Oct 13Financial Position Analysis
Short Term Liabilities: CTOS's short term assets ($1.3B) exceed its short term liabilities ($993.1M).
Long Term Liabilities: CTOS's short term assets ($1.3B) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: CTOS's net debt to equity ratio (251.8%) is considered high.
Reducing Debt: CTOS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CTOS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CTOS's interest payments on its debt are not well covered by EBIT (1.2x coverage).