Compass Minerals International Balance Sheet Health
Financial Health criteria checks 2/6
Compass Minerals International has a total shareholder equity of $352.1M and total debt of $875.1M, which brings its debt-to-equity ratio to 248.5%. Its total assets and total liabilities are $1.6B and $1.2B respectively. Compass Minerals International's EBIT is $76.8M making its interest coverage ratio 1.2. It has cash and short-term investments of $12.8M.
Key information
248.5%
Debt to equity ratio
US$875.10m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$12.80m |
| Equity | US$352.10m |
| Total liabilities | US$1.24b |
| Total assets | US$1.60b |
Recent financial health updates
Is Compass Minerals International (NYSE:CMP) A Risky Investment?
Nov 09
Is Compass Minerals International (NYSE:CMP) Using Too Much Debt?
Jul 11Recent updates
Compass Minerals: A Risky But Interesting Prospect As Shares Surge
Sep 18Compass Minerals: How Did We End Up Here?
Apr 17Compass Minerals International (NYSE:CMP) Has Affirmed Its Dividend Of $0.15
Feb 19Compass Minerals International, Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Feb 11Compass Minerals International (NYSE:CMP) May Have Issues Allocating Its Capital
Jan 23Compass Minerals: Core Salt Business Can't Carry The Valuation
Jan 08Is Compass Minerals International (NYSE:CMP) A Risky Investment?
Nov 09Returns At Compass Minerals International (NYSE:CMP) Appear To Be Weighed Down
Oct 12Compass Minerals: Dividend Doesn't Offset Lack Of Economic Value, Rate Hold
Sep 20Is Compass Minerals International (NYSE:CMP) Using Too Much Debt?
Jul 11Compass Minerals International (NYSE:CMP) Will Pay A Dividend Of $0.15
May 27Compass Minerals: I Don't See Investors Getting Any Value Here
May 26Here's Why Compass Minerals International (NYSE:CMP) Has A Meaningful Debt Burden
Mar 30Compass Minerals International (NYSE:CMP) Is Due To Pay A Dividend Of $0.15
Mar 01Compass Minerals GAAP EPS of -$0.01 misses by $0.59, revenue of $352.4M misses by $26.35M
Feb 07Compass Minerals International (NYSE:CMP) Has Affirmed Its Dividend Of $0.15
Nov 19Compass Minerals signs lithium carbonate supply deal with LG Energy Solution
Nov 10Compass Minerals: After A Great Quarter, Things Could Get Even Better
Sep 06Financial Position Analysis
Short Term Liabilities: CMP's short term assets ($547.0M) exceed its short term liabilities ($188.4M).
Long Term Liabilities: CMP's short term assets ($547.0M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: CMP's net debt to equity ratio (244.9%) is considered high.
Reducing Debt: CMP's debt to equity ratio has reduced from 257.9% to 248.5% over the past 5 years.
Debt Coverage: CMP's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: CMP's interest payments on its debt are not well covered by EBIT (1.2x coverage).