Calavo Growers Balance Sheet Health
Financial Health criteria checks 4/6
Calavo Growers has a total shareholder equity of $205.2M and total debt of $33.5M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are $382.4M and $177.2M respectively. Calavo Growers's EBIT is $7.6M making its interest coverage ratio 2.4. It has cash and short-term investments of $1.1M.
Key information
16.3%
Debt to equity ratio
US$33.54m
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$1.13m |
| Equity | US$205.18m |
| Total liabilities | US$177.25m |
| Total assets | US$382.43m |
Recent financial health updates
Recent updates
Insufficient Growth At Calavo Growers, Inc. (NASDAQ:CVGW) Hampers Share Price
Jul 18
Calavo Growers: Encouraging Sales Growth And Promising Outlook For Avocado Market
Jun 17Calavo Growers (NASDAQ:CVGW) Is Paying Out A Dividend Of $0.10
Jun 14Calavo Growers: I'm Buying Into The Turnaround Potential Of This Once High-Flyer
Apr 11Calavo Growers Earnings Outlook: How New Leadership Could Influence Results
Jan 12Calavo Growers, Inc. (NASDAQ:CVGW) Stock Rockets 30% But Many Are Still Ignoring The Company
Dec 28Is Calavo Growers, Inc. (NASDAQ:CVGW) Trading At A 25% Discount?
Sep 10Calavo Growers (NASDAQ:CVGW) Could Be Struggling To Allocate Capital
Jul 01Some Investors May Be Worried About Calavo Growers' (NASDAQ:CVGW) Returns On Capital
Mar 08Is There An Opportunity With Calavo Growers, Inc.'s (NASDAQ:CVGW) 42% Undervaluation?
Oct 29Calavo Growers Q3 2022 Earnings Preview
Aug 31Calavo Growers: Turnaround In Place
Jul 06Capital Allocation Trends At Calavo Growers (NASDAQ:CVGW) Aren't Ideal
Mar 04Calavo Growers, Inc. (NASDAQ:CVGW) Shares Could Be 24% Above Their Intrinsic Value Estimate
Dec 01At US$37.47, Is It Time To Put Calavo Growers, Inc. (NASDAQ:CVGW) On Your Watch List?
Sep 29Bruised Avocados: Why Calavo Growers Got Toasted
Sep 16There Are Reasons To Feel Uneasy About Calavo Growers' (NASDAQ:CVGW) Returns On Capital
Aug 05Calavo Growers, Inc. 2021 Q2 - Results - Earnings Call Presentation
Jun 16Is Calavo Growers (NASDAQ:CVGW) A Risky Investment?
Jun 10Investors In Calavo Growers, Inc. (NASDAQ:CVGW) Should Consider This, First
May 03Some Investors May Be Worried About Calavo Growers' (NASDAQ:CVGW) Returns On Capital
Apr 15How Much Are Calavo Growers, Inc. (NASDAQ:CVGW) Insiders Taking Off The Table?
Mar 10Financial Position Analysis
Short Term Liabilities: CVGW's short term assets ($238.3M) exceed its short term liabilities ($116.6M).
Long Term Liabilities: CVGW's short term assets ($238.3M) exceed its long term liabilities ($60.7M).
Debt to Equity History and Analysis
Debt Level: CVGW's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: CVGW's debt to equity ratio has increased from 0% to 16.3% over the past 5 years.
Debt Coverage: CVGW's debt is well covered by operating cash flow (54.6%).
Interest Coverage: CVGW's interest payments on its debt are not well covered by EBIT (2.4x coverage).