CrossAmerica Partners Balance Sheet Health
Financial Health criteria checks 0/6
CrossAmerica Partners has a total shareholder equity of $-30.7M and total debt of $767.6M, which brings its debt-to-equity ratio to -2500.4%. Its total assets and total liabilities are $1.1B and $1.2B respectively. CrossAmerica Partners's EBIT is $77.0M making its interest coverage ratio 1.6. It has cash and short-term investments of $10.0M.
Key information
-2,500.4%
Debt to equity ratio
US$767.56m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$9.97m |
| Equity | -US$30.70m |
| Total liabilities | US$1.16b |
| Total assets | US$1.13b |
Recent financial health updates
No updates
Recent updates
CrossAmerica Partners: Distributions Getting Riskier In 2025
Nov 08CrossAmerica Partners: Distributions Seem Under Pressure
Jul 03CrossAmerica 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 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CAPL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CAPL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CAPL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CAPL's debt is not well covered by operating cash flow (15%).
Interest Coverage: CAPL's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CrossAmerica Partners LP is covered by 14 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Richard Gross | Barclays |
| Robert Balsamo | B. Riley Securities, Inc. |