Cargotec Balance Sheet Health

Financial Health criteria checks 6/6

Cargotec has a total shareholder equity of €1.2B and total debt of €275.5M, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are €2.6B and €1.4B respectively. Cargotec's EBIT is €509.5M making its interest coverage ratio 40.4. It has cash and short-term investments of €336.2M.

Key information

23.7%

Debt to equity ratio

€275.50m

Debt

Interest coverage ratio40.4x
Cash€336.20m
Equity€1.16b
Total liabilities€1.40b
Total assets€2.56b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CYJB.F's short term assets (€1.6B) exceed its short term liabilities (€1.1B).

Long Term Liabilities: CYJB.F's short term assets (€1.6B) exceed its long term liabilities (€319.6M).


Debt to Equity History and Analysis

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

Reducing Debt: CYJB.F's debt to equity ratio has reduced from 62.4% to 23.7% over the past 5 years.

Debt Coverage: CYJB.F's debt is well covered by operating cash flow (214.6%).

Interest Coverage: CYJB.F's interest payments on its debt are well covered by EBIT (40.4x coverage).


Balance Sheet


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