C&C Group Balance Sheet Health
Financial Health criteria checks 5/6
C&C Group has a total shareholder equity of €742.9M and total debt of €203.3M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are €1.5B and €799.5M respectively. C&C Group's EBIT is €59.3M making its interest coverage ratio 4. It has cash and short-term investments of €96.6M.
Key information
27.4%
Debt to equity ratio
€203.30m
Debt
Interest coverage ratio | 4x |
Cash | €96.60m |
Equity | €742.90m |
Total liabilities | €799.50m |
Total assets | €1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGPZ.F's short term assets (€555.5M) exceed its short term liabilities (€490.8M).
Long Term Liabilities: CGPZ.F's short term assets (€555.5M) exceed its long term liabilities (€308.7M).
Debt to Equity History and Analysis
Debt Level: CGPZ.F's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: CGPZ.F's debt to equity ratio has reduced from 93.8% to 27.4% over the past 5 years.
Debt Coverage: CGPZ.F's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: CGPZ.F's interest payments on its debt are well covered by EBIT (4x coverage).