CrossAmerica Partners Balance Sheet Health
Financial Health criteria checks 0/6
CrossAmerica Partners has a total shareholder equity of $30.8M and total debt of $749.4M, which brings its debt-to-equity ratio to 2437.1%. Its total assets and total liabilities are $1.2B and $1.2B respectively. CrossAmerica Partners's EBIT is $84.1M making its interest coverage ratio 1.9. It has cash and short-term investments of $14.3M.
Key information
2,437.1%
Debt to equity ratio
US$749.43m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$14.31m |
| Equity | US$30.75m |
| Total liabilities | US$1.15b |
| Total assets | US$1.18b |
Recent financial health updates
No updates
Recent updates
CrossAmerica Partners' Lofty Distribution Looks Sustainable
Mar 17CrossAmerica Partners: 9% Yield, >85% ROE Helped By Capital Structure
Nov 22CrossAmerica Partners: Purely Dividend Play For Income-Seeking Investors
Sep 02CrossAmerica Partners: 10% Payback At The Gas Pump
Jun 18CrossAmerica Partners LP: 9% Yield At The Pump
Feb 19CrossAmerica Partners goes ex dividend tomorrow
Feb 01CrossAmerica Partners: Good Fortunes Came To The Rescue
Nov 10CrossAmerica Partners declares $0.525 dividend
Oct 20CrossAmerica Partners: Record Margins, Still Skating On Very Thin Ice
Aug 31CrossAmerica Partners goes ex dividend tomorrow
Aug 01CrossAmerica Partners: Distribution Reduction Is Still Likely Despite The Extraordinary Times
Jun 19CrossAmerica Partners: 2022 Shaping Up To Be Make Or Break For This 10%+ Yield
Mar 21CrossAmerica Partners: Unsustainably High Yield Masks An Unattractive Valuation
Aug 26CrossAmerica Partners: One More Bad Quarter And Say Goodbye To Your Distributions
Jun 09CrossAmerica Partners goes ex-dividend on Monday
Jan 29CrossAmerica Partners: Distributions Still Risky Despite A Strong Quarter
Nov 11CrossAmerica Partners LP 2020 Q3 - Results - Earnings Call Presentation
Nov 08Financial Position Analysis
Short Term Liabilities: CAPL's short term assets ($108.5M) do not cover its short term liabilities ($161.1M).
Long Term Liabilities: CAPL's short term assets ($108.5M) do not cover its long term liabilities ($989.8M).
Debt to Equity History and Analysis
Debt Level: CAPL's net debt to equity ratio (2390.6%) is considered high.
Reducing Debt: CAPL's debt to equity ratio has increased from 447.7% to 2437.1% over the past 5 years.
Debt Coverage: CAPL's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: CAPL's interest payments on its debt are not well covered by EBIT (1.9x coverage).