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 ratio | 40.4x |
| 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).