Cirrus Aircraft Limited

OTCPK:CRRS.F Stock Report

Market Cap: US$892.7m

Cirrus Aircraft Balance Sheet Health

Financial Health criteria checks 5/6

Cirrus Aircraft has a total shareholder equity of $509.0M and total debt of $64.0M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are $1.1B and $571.9M respectively. Cirrus Aircraft's EBIT is $127.2M making its interest coverage ratio 23. It has cash and short-term investments of $216.7M.

Key information

12.6%

Debt to equity ratio

US$64.00m

Debt

Interest coverage ratio23x
CashUS$216.69m
EquityUS$508.98m
Total liabilitiesUS$571.95m
Total assetsUS$1.08b

Recent financial health updates

No updates

Recent updates

No updates

Financial Position Analysis

Short Term Liabilities: CRRS.F's short term assets ($476.5M) exceed its short term liabilities ($432.4M).

Long Term Liabilities: CRRS.F's short term assets ($476.5M) exceed its long term liabilities ($139.6M).


Debt to Equity History and Analysis

Debt Level: CRRS.F has more cash than its total debt.

Reducing Debt: Insufficient data to determine if CRRS.F's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CRRS.F's debt is well covered by operating cash flow (265.5%).

Interest Coverage: CRRS.F's interest payments on its debt are well covered by EBIT (23x coverage).


Balance Sheet


Discover healthy companies