Cricut Balance Sheet Health
Financial Health criteria checks 6/6
Cricut has a total shareholder equity of $475.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $663.8M and $187.9M respectively. Cricut's EBIT is $89.6M making its interest coverage ratio -9.3. It has cash and short-term investments of $246.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -9.3x |
| Cash | US$246.94m |
| Equity | US$475.84m |
| Total liabilities | US$187.93m |
| Total assets | US$663.77m |
Recent financial health updates
No updates
Recent updates
We Think Cricut's (NASDAQ:CRCT) Healthy Earnings Might Be Conservative
Nov 14
Cricut Inc.: There Are Still Visible Operational Headwinds
Nov 08Some Confidence Is Lacking In Cricut, Inc.'s (NASDAQ:CRCT) P/E
Oct 08Cricut: Near-Term Outlook Continues To See Pressure From Poor Macro Backdrop
Sep 11Is Cricut, Inc. (NASDAQ:CRCT) Trading At A 45% Discount?
Aug 09Cricut: I Still Have Doubts, But The Turnaround Is Beginning To Visualize
Aug 07Here's What's Concerning About Cricut's (NASDAQ:CRCT) Returns On Capital
Jun 06Cricut: Don't See Any Catalyst For Demand To Recover
Jun 04Cricut: Expect Poor FY2024 Performance To Drag Down Valuation
Mar 22Cricut (NASDAQ:CRCT) May Have Issues Allocating Its Capital
Feb 14Cricut, Inc.'s (NASDAQ:CRCT) Shareholders Might Be Looking For Exit
Dec 30Cricut (NASDAQ:CRCT) May Have Issues Allocating Its Capital
Sep 16Cricut (NASDAQ:CRCT) Is Reinvesting At Lower Rates Of Return
May 24Is Cricut, Inc. (NASDAQ:CRCT) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 09Here's What's Concerning About Cricut's (NASDAQ:CRCT) Returns On Capital
Jan 31Returns On Capital Signal Tricky Times Ahead For Cricut (NASDAQ:CRCT)
Oct 18Cricut: Facing Strong Macro Headwinds
Sep 16Returns On Capital Signal Tricky Times Ahead For Cricut (NASDAQ:CRCT)
Jul 07Cricut Grows International As It Faces Inflation Pressures
May 095 Stocks To Avoid Right Now
Apr 20Checking Into Cricut, Inc.
Apr 11Returns On Capital At Cricut (NASDAQ:CRCT) Paint A Concerning Picture
Mar 28Financial Position Analysis
Short Term Liabilities: CRCT's short term assets ($540.8M) exceed its short term liabilities ($171.3M).
Long Term Liabilities: CRCT's short term assets ($540.8M) exceed its long term liabilities ($16.6M).
Debt to Equity History and Analysis
Debt Level: CRCT is debt free.
Reducing Debt: CRCT has no debt compared to 5 years ago when its debt to equity ratio was 47.6%.
Debt Coverage: CRCT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CRCT has no debt, therefore coverage of interest payments is not a concern.