Cannae Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Cannae Holdings has a total shareholder equity of $1.9B and total debt of $181.2M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are $2.3B and $423.4M respectively.
Key information
9.7%
Debt to equity ratio
US$181.20m
Debt
Interest coverage ratio | n/a |
Cash | US$169.60m |
Equity | US$1.86b |
Total liabilities | US$423.40m |
Total assets | US$2.29b |
Recent financial health updates
No updates
Recent updates
Analysts Are Updating Their Cannae Holdings, Inc. (NYSE:CNNE) Estimates After Its Third-Quarter Results
Nov 15Unpleasant Surprises Could Be In Store For Cannae Holdings, Inc.'s (NYSE:CNNE) Shares
Oct 10Cannae Holdings: Invest Along With Bill Foley At A Big Discount To NAV
Aug 17Cannae Holdings, Inc.'s (NYSE:CNNE) Share Price Could Signal Some Risk
May 23There's Reason For Concern Over Cannae Holdings, Inc.'s (NYSE:CNNE) Price
Dec 18Cannae Holdings Q3 2022 Earnings Preview
Nov 08Cannae Holdings, Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Aug 11Cannae launches 3-year stock repurchase program for 10M shares
Aug 05Cannae Holdings: Trading At A Discount To NAV And Insiders Have Been Buying
Jun 28Cannae Holdings: SPAC Bloodbath Provides A Good Entry Point
Aug 28Cannae Holdings, Inc.'s (NYSE:CNNE) Earnings Are Not Doing Enough For Some Investors
Aug 10Cannae Holdings: The SOTP Case Comes Back Around
Jun 29Richard Massey Is The CEO & Director of Cannae Holdings, Inc. (NYSE:CNNE) And They Just Picked Up 3.6% More Shares
Mar 01Financial Position Analysis
Short Term Liabilities: CNNE's short term assets ($214.8M) exceed its short term liabilities ($84.2M).
Long Term Liabilities: CNNE's short term assets ($214.8M) do not cover its long term liabilities ($339.2M).
Debt to Equity History and Analysis
Debt Level: CNNE's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: CNNE's debt to equity ratio has reduced from 15.8% to 9.7% over the past 5 years.
Debt Coverage: CNNE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CNNE's interest payments on its debt are well covered by EBIT.