Century Aluminum Balance Sheet Health
Financial Health criteria checks 4/6
Century Aluminum has a total shareholder equity of $344.1M and total debt of $479.2M, which brings its debt-to-equity ratio to 139.3%. Its total assets and total liabilities are $1.8B and $1.5B respectively. Century Aluminum's EBIT is $31.8M making its interest coverage ratio 0.9. It has cash and short-term investments of $88.8M.
Key information
139.3%
Debt to equity ratio
US$479.20m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$88.80m |
| Equity | US$344.10m |
| Total liabilities | US$1.50b |
| Total assets | US$1.85b |
Recent financial health updates
Century Aluminum (NASDAQ:CENX) Has Debt But No Earnings; Should You Worry?
Sep 09
Century Aluminum (NASDAQ:CENX) Has Debt But No Earnings; Should You Worry?
Jun 07These 4 Measures Indicate That Century Aluminum (NASDAQ:CENX) Is Using Debt Extensively
Jan 15Is Century Aluminum (NASDAQ:CENX) Using Too Much Debt?
Apr 25Century Aluminum (NASDAQ:CENX) Takes On Some Risk With Its Use Of Debt
Dec 22We Think Century Aluminum (NASDAQ:CENX) Has A Fair Chunk Of Debt
Aug 12Recent updates
Century Aluminum Company (NASDAQ:CENX) Shares Fly 32% But Investors Aren't Buying For Growth
Mar 25We Like These Underlying Return On Capital Trends At Century Aluminum (NASDAQ:CENX)
Feb 24Century Aluminum: A 7-Foot Bar To Jump Over
Jan 19Century Aluminum Company's (NASDAQ:CENX) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Dec 19Century Aluminum (NASDAQ:CENX) Has Debt But No Earnings; Should You Worry?
Sep 09Century Aluminum (NASDAQ:CENX) Has Debt But No Earnings; Should You Worry?
Jun 07Is Century Aluminum Company (NASDAQ:CENX) Trading At A 42% Discount?
Apr 22Century Aluminum (NASDAQ:CENX) Is Experiencing Growth In Returns On Capital
Feb 14These 4 Measures Indicate That Century Aluminum (NASDAQ:CENX) Is Using Debt Extensively
Jan 15We Think Century Aluminum's (NASDAQ:CENX) Robust Earnings Are Conservative
Nov 17Century Aluminum (NASDAQ:CENX) Is Experiencing Growth In Returns On Capital
Oct 24Century Aluminum Stock Is Setting Up For A Bounce (Technical Analysis)
Sep 16Why Aluminum Prices And Century Aluminum Shares Are Set To Soar
Sep 10Century Aluminum hires former Cooper Tire exec Bialek as CFO
Aug 01Century Aluminum's Wild Ride And Uncertain Trajectory
Jul 06Century Aluminum Company (NASDAQ:CENX) Shares Could Be 21% Below Their Intrinsic Value Estimate
May 22Is Century Aluminum (NASDAQ:CENX) Using Too Much Debt?
Apr 25Century Aluminum (NASDAQ:CENX) Is Looking To Continue Growing Its Returns On Capital
Mar 29Century Aluminum Company: Metal Market Trending In The Right Direction
Mar 23Century Aluminum (NASDAQ:CENX) Takes On Some Risk With Its Use Of Debt
Dec 22Century Aluminum (NASDAQ:CENX) Shareholders Will Want The ROCE Trajectory To Continue
Dec 01Calculating The Fair Value Of Century Aluminum Company (NASDAQ:CENX)
Sep 02We Think Century Aluminum (NASDAQ:CENX) Has A Fair Chunk Of Debt
Aug 12Estimating The Fair Value Of Century Aluminum Company (NASDAQ:CENX)
May 20Century Aluminum Q1 2021 Earnings Preview
May 04Century Aluminum (NASDAQ:CENX) Is Carrying A Fair Bit Of Debt
Apr 29Have Century Aluminum Company (NASDAQ:CENX) Insiders Been Selling Their Stock?
Feb 27Analysts Expect Century Aluminum Company (NASDAQ:CENX) To Breakeven Soon
Feb 21Financial Position Analysis
Short Term Liabilities: CENX's short term assets ($767.1M) exceed its short term liabilities ($763.0M).
Long Term Liabilities: CENX's short term assets ($767.1M) exceed its long term liabilities ($739.4M).
Debt to Equity History and Analysis
Debt Level: CENX's net debt to equity ratio (113.5%) is considered high.
Reducing Debt: CENX's debt to equity ratio has increased from 33.6% to 139.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CENX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CENX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4% per year.