Calavo Growers Balance Sheet Health
Financial Health criteria checks 3/6
Calavo Growers has a total shareholder equity of $202.5M and total debt of $45.7M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are $394.7M and $192.2M respectively. Calavo Growers's EBIT is $5.4M making its interest coverage ratio 2.3. It has cash and short-term investments of $5.7M.
Key information
22.6%
Debt to equity ratio
US$45.68m
Debt
Interest coverage ratio | 2.3x |
Cash | US$5.66m |
Equity | US$202.53m |
Total liabilities | US$192.15m |
Total assets | US$394.68m |
Recent financial health updates
Is Calavo Growers (NASDAQ:CVGW) A Risky Investment?
Jun 10Is Calavo Growers (NASDAQ:CVGW) A Risky Investment?
Feb 20Recent updates
Calavo 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 10Is Calavo Growers (NASDAQ:CVGW) A Risky Investment?
Feb 20Does Calavo Growers' (NASDAQ:CVGW) Share Price Gain of 59% Match Its Business Performance?
Jan 30Should We Be Excited About The Trends Of Returns At Calavo Growers (NASDAQ:CVGW)?
Jan 09Calavo Growers, Inc. 2020 Q4 - Results - Earnings Call Presentation
Dec 24Calavo Growers Q4 2020 Earnings Preview
Dec 20Investors In Calavo Growers, Inc. (NASDAQ:CVGW) Should Consider This, First
Dec 19Financial Position Analysis
Short Term Liabilities: CVGW's short term assets ($245.6M) exceed its short term liabilities ($120.9M).
Long Term Liabilities: CVGW's short term assets ($245.6M) exceed its long term liabilities ($71.3M).
Debt to Equity History and Analysis
Debt Level: CVGW's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: CVGW's debt to equity ratio has increased from 14.4% to 22.6% over the past 5 years.
Debt Coverage: CVGW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CVGW's interest payments on its debt are not well covered by EBIT (2.3x coverage).