Compass Diversified Balance Sheet Health
Financial Health criteria checks 3/6
Compass Diversified has a total shareholder equity of $1.5B and total debt of $1.7B, which brings its debt-to-equity ratio to 114.8%. Its total assets and total liabilities are $3.9B and $2.4B respectively. Compass Diversified's EBIT is $199.0M making its interest coverage ratio 1.9. It has cash and short-term investments of $64.7M.
Key information
114.8%
Debt to equity ratio
US$1.72b
Debt
Interest coverage ratio | 1.9x |
Cash | US$64.72m |
Equity | US$1.49b |
Total liabilities | US$2.37b |
Total assets | US$3.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CODI.PRC's short term assets ($1.3B) exceed its short term liabilities ($323.0M).
Long Term Liabilities: CODI.PRC's short term assets ($1.3B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: CODI.PRC's net debt to equity ratio (110.5%) is considered high.
Reducing Debt: CODI.PRC's debt to equity ratio has increased from 96.3% to 114.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CODI.PRC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CODI.PRC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.1% per year.