Carriage Services Balance Sheet Health
Financial Health criteria checks 0/6
Carriage Services has a total shareholder equity of $198.1M and total debt of $540.7M, which brings its debt-to-equity ratio to 272.9%. Its total assets and total liabilities are $1.3B and $1.1B respectively. Carriage Services's EBIT is $86.9M making its interest coverage ratio 2.5. It has cash and short-term investments of $1.3M.
Key information
272.9%
Debt to equity ratio
US$540.65m
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$1.26m |
| Equity | US$198.13m |
| Total liabilities | US$1.08b |
| Total assets | US$1.28b |
Recent financial health updates
Here's Why Carriage Services (NYSE:CSV) Is Weighed Down By Its Debt Load
Jun 30
Is Carriage Services (NYSE:CSV) Using Too Much Debt?
Dec 17Recent updates
Carriage Services: Upcoming Q3 Numbers Likely To Boost Year To Date Gains
Oct 22Carriage Services: Funeral Home Consolidator Goes Unnoticed In Rapidly Changing Market
Jul 02Carriage Services: Still Not Cheap Enough To Justify Balance Sheet Concerns
Apr 04Carriage Services (NYSE:CSV) Will Pay A Dividend Of $0.1125
Jan 22Carriage Services: A Fragmented Market Provides Great Opportunities For This Industry Consolidator
Jan 03Carriage Services (NYSE:CSV) Shareholders Will Want The ROCE Trajectory To Continue
Nov 14Carriage Services: Cheap After The Failed Buyout
Oct 28Carriage Services (NYSE:CSV) Is Due To Pay A Dividend Of $0.1125
Oct 22Carriage Services: Slow And Steady Growth Comes At A Fair Price
Aug 17Carriage Services (NYSE:CSV) Has Affirmed Its Dividend Of $0.1125
Jul 27Here's Why Carriage Services (NYSE:CSV) Is Weighed Down By Its Debt Load
Jun 30Carriage Services: $23 Level Now Looks Likely That It Will Be Tested
May 29Carriage Services (NYSE:CSV) Has Announced A Dividend Of $0.1125
Apr 24Is Now An Opportune Moment To Examine Carriage Services, Inc. (NYSE:CSV)?
Feb 16Carriage Services (NYSE:CSV) Will Pay A Dividend Of $0.1125
Jan 24Carriage declares $0.1125 dividend
Jan 20Is Carriage Services (NYSE:CSV) Using Too Much Debt?
Dec 17Carriage Services: Short-Term Pain, Long-Term Gain
Dec 08Calculating The Fair Value Of Carriage Services, Inc. (NYSE:CSV)
Nov 11Financial Position Analysis
Short Term Liabilities: CSV's short term assets ($43.6M) do not cover its short term liabilities ($60.2M).
Long Term Liabilities: CSV's short term assets ($43.6M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: CSV's net debt to equity ratio (272.2%) is considered high.
Reducing Debt: CSV's debt to equity ratio has increased from 156.1% to 272.9% over the past 5 years.
Debt Coverage: CSV's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: CSV's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 05:59 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Carriage Services, Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Prestopino | Barrington Research Associates, Inc. |
| Alexander Paris | Barrington Research Associates, Inc. |
| Liam Burke | B. Riley Securities, Inc. |