Cengage Learning Holdings II Balance Sheet Health
Financial Health criteria checks 0/6
Cengage Learning Holdings II has a total shareholder equity of $38.6M and total debt of $1.6B, which brings its debt-to-equity ratio to 4163.7%. Its total assets and total liabilities are $2.6B and $2.6B respectively. Cengage Learning Holdings II's EBIT is $164.8M making its interest coverage ratio 1. It has cash and short-term investments of $246.9M.
Key information
4,163.7%
Debt to equity ratio
US$1.61b
Debt
| Interest coverage ratio | 1x |
| Cash | US$246.90m |
| Equity | US$38.60m |
| Total liabilities | US$2.60b |
| Total assets | US$2.64b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: CNGO's short term assets ($721.5M) do not cover its short term liabilities ($821.8M).
Long Term Liabilities: CNGO's short term assets ($721.5M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: CNGO's net debt to equity ratio (3524.1%) is considered high.
Reducing Debt: CNGO's debt to equity ratio has increased from 303% to 4163.7% over the past 5 years.
Debt Coverage: CNGO's debt is not well covered by operating cash flow (15%).
Interest Coverage: CNGO's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 19:07 |
| End of Day Share Price | 2024/11/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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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
Cengage Learning Holdings II, Inc. is covered by 1 analysts. 0 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 |
|---|---|
| Seweryn Sztalkoper | Imperial Capital |