Compass Diversified Balance Sheet Health
Financial Health criteria checks 1/6
Compass Diversified has a total shareholder equity of $1.5B and total debt of $1.8B, which brings its debt-to-equity ratio to 118.3%. Its total assets and total liabilities are $4.0B and $2.5B respectively. Compass Diversified's EBIT is $240.3M making its interest coverage ratio 2.3. It has cash and short-term investments of $71.9M.
Key information
118.3%
Debt to equity ratio
US$1.78b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$71.95m |
| Equity | US$1.50b |
| Total liabilities | US$2.46b |
| Total assets | US$3.96b |
Recent financial health updates
No updates
Recent updates
Compass Diversified (NYSE:CODI) Has Announced A Dividend Of $0.25
Oct 07
Compass Diversified: The Risk Of Diworsification Is Real
Oct 03Compass Diversified (NYSE:CODI) Will Pay A Dividend Of $0.25
Jul 11Compass Diversified: A Defensive Play That's Fairly Priced
Jul 09Compass Diversified (NYSE:CODI) Doing What It Can To Lift Shares
May 03Compass Diversified (NYSE:CODI) Is Due To Pay A Dividend Of $0.25
Apr 08Compass Diversified's (NYSE:CODI) Dividend Will Be $0.25
Jan 08Compass Diversified: Bag Up To 8% Yield On This Private Equity-Like Firm
Dec 08Compass Diversified (NYSE:CODI) Will Pay A Dividend Of $0.25
Oct 17Compass Diversified: Need Financials To Improve Before I Invest
Sep 27Benign Growth For Compass Diversified (NYSE:CODI) Underpins Its Share Price
Aug 18Compass Diversified: Near Trough Earnings, Attractive Valuation When Looking Ahead
Jun 23Compass Diversified's (NYSE:CODI) Dividend Will Be $0.25
Apr 07Compass Diversified: Reaffirming Our Buy Rating
Jan 28Compass diversified announces $50 million share repurchase program
Jan 19Compass Diversified to sell Advanced Circuits for $220M enterprise value
Jan 11Compass Diversified (NYSE:CODI) Is Paying Out A Dividend Of $0.25
Jan 08Compass Diversified declares $0.25 dividend
Jan 05Compass Diversified declares $0.25 dividend
Oct 04Compass Diversified: Reasonable Yield At A Reasonable Price
Sep 03Compass Diversified scraps sale of Advanced Circuits to Tempo Automation
Jul 29Compass Diversified goes ex-dividend tomorrow
Jul 19Compass Diversified names new chairman as C. Sean Day retires
Jul 06Compass Diversified Stock: Stellar High Yielder Set To Soar And Too Cheap To Ignore
May 24A More Aggressive Compass Diversified Holdings Could Be Better For Its Shareholders
Apr 05Financial Position Analysis
Short Term Liabilities: CODI's short term assets ($1.5B) exceed its short term liabilities ($361.2M).
Long Term Liabilities: CODI's short term assets ($1.5B) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: CODI's net debt to equity ratio (113.5%) is considered high.
Reducing Debt: CODI's debt to equity ratio has increased from 63.9% to 118.3% 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: CODI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CODI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.8% each year