Carriage Services Balance Sheet Health
Financial Health criteria checks 0/6
Carriage Services has a total shareholder equity of $173.1M and total debt of $579.7M, which brings its debt-to-equity ratio to 335%. Its total assets and total liabilities are $1.3B and $1.1B respectively. Carriage Services's EBIT is $82.2M making its interest coverage ratio 2.3. It has cash and short-term investments of $1.5M.
Key information
335.0%
Debt to equity ratio
US$579.70m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$1.52m |
| Equity | US$173.06m |
| Total liabilities | US$1.09b |
| Total assets | US$1.27b |
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 17Is Carriage Services (NYSE:CSV) Using Too Much Debt?
Jun 14Recent updates
Carriage 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 11Carriage Services acquires Heritage funeral and cemetery business in North Carolina
Oct 26Carriage Services' (NYSE:CSV) Dividend Will Be $0.1125
Oct 23Carriage declares $0.1125 dividend
Oct 19Carriage Services announces departure of CFO Ben Brink
Oct 03Carriage Services Sees Resilience Against COVID-19 Declines
Sep 20Carriage Services: An Attractive Play On An Unsavory Matter
Aug 17Why Carriage Services, Inc. (NYSE:CSV) Could Be Worth Watching
Jul 29Carriage Q2 2022 Earnings Preview
Jul 26Is Carriage Services, Inc. (NYSE:CSV) Worth US$39.4 Based On Its Intrinsic Value?
Jun 27Is Carriage Services (NYSE:CSV) Using Too Much Debt?
Jun 14Carriage Services Offers Both An Attractive Valuation And Strong Fundamentals
May 12Financial Position Analysis
Short Term Liabilities: CSV's short term assets ($41.7M) do not cover its short term liabilities ($51.1M).
Long Term Liabilities: CSV's short term assets ($41.7M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: CSV's net debt to equity ratio (334.1%) is considered high.
Reducing Debt: CSV's debt to equity ratio has increased from 162.5% to 335% over the past 5 years.
Debt Coverage: CSV's debt is not well covered by operating cash flow (13%).
Interest Coverage: CSV's interest payments on its debt are not well covered by EBIT (2.3x coverage).