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).