Cantaloupe Balance Sheet Health
Financial Health criteria checks 5/6
Cantaloupe has a total shareholder equity of $189.0M and total debt of $37.3M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are $312.1M and $123.2M respectively. Cantaloupe's EBIT is $16.8M making its interest coverage ratio 18.3. It has cash and short-term investments of $33.1M.
Key information
19.7%
Debt to equity ratio
US$37.28m
Debt
| Interest coverage ratio | 18.3x |
| Cash | US$33.12m |
| Equity | US$188.95m |
| Total liabilities | US$123.19m |
| Total assets | US$312.14m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTLP.P's short term assets ($123.7M) exceed its short term liabilities ($77.2M).
Long Term Liabilities: CTLP.P's short term assets ($123.7M) exceed its long term liabilities ($46.0M).
Debt to Equity History and Analysis
Debt Level: CTLP.P's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: CTLP.P's debt to equity ratio has increased from 10.2% to 19.7% over the past 5 years.
Debt Coverage: CTLP.P's debt is well covered by operating cash flow (24.2%).
Interest Coverage: CTLP.P's interest payments on its debt are well covered by EBIT (18.3x coverage).