Carpenter Technology Balance Sheet Health
Financial Health criteria checks 5/6
Carpenter Technology has a total shareholder equity of $1.6B and total debt of $694.2M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are $3.3B and $1.7B respectively. Carpenter Technology's EBIT is $354.1M making its interest coverage ratio 6.9. It has cash and short-term investments of $199.1M.
Key information
42.6%
Debt to equity ratio
US$694.20m
Debt
Interest coverage ratio | 6.9x |
Cash | US$199.10m |
Equity | US$1.63b |
Total liabilities | US$1.66b |
Total assets | US$3.29b |
Recent financial health updates
We Think Carpenter Technology (NYSE:CRS) Can Stay On Top Of Its Debt
Jun 03We Think Carpenter Technology (NYSE:CRS) Can Stay On Top Of Its Debt
Feb 16These 4 Measures Indicate That Carpenter Technology (NYSE:CRS) Is Using Debt Extensively
Oct 17Is Carpenter Technology (NYSE:CRS) Using Too Much Debt?
Jun 29Here's Why Carpenter Technology (NYSE:CRS) Can Afford Some Debt
Sep 20We Think Carpenter Technology (NYSE:CRS) Has A Fair Chunk Of Debt
Jun 05Recent updates
Carpenter Technology: Stellar Prospects, But May Not Be Advisable To Chase Now
Aug 06Carpenter Technology Corporation's (NYSE:CRS) Shares Climb 32% But Its Business Is Yet to Catch Up
Jul 26Should You Be Adding Carpenter Technology (NYSE:CRS) To Your Watchlist Today?
Jun 17We Think Carpenter Technology (NYSE:CRS) Can Stay On Top Of Its Debt
Jun 03Carpenter Technology: Excellent Fundamentals; Stretchy Valuations
May 31Shareholders Will Be Pleased With The Quality of Carpenter Technology's (NYSE:CRS) Earnings
May 08Carpenter Technology Corporation (NYSE:CRS) Not Lagging Industry On Growth Or Pricing
Mar 24We Think Carpenter Technology (NYSE:CRS) Can Stay On Top Of Its Debt
Feb 16Carpenter's Q2: 40% CAGR Operating Growth Expected And Cheap
Feb 01Analysts Have Made A Financial Statement On Carpenter Technology Corporation's (NYSE:CRS) Second-Quarter Report
Jan 28Here's What To Make Of Carpenter Technology's (NYSE:CRS) Decelerating Rates Of Return
Jan 08Market Participants Recognise Carpenter Technology Corporation's (NYSE:CRS) Revenues
Dec 19Carpenter Technology Corporation (NYSE:CRS) Shares Could Be 39% Below Their Intrinsic Value Estimate
Nov 28Carpenter Technology: Volatile Earnings Resulting In Poor Cyclical Performance
Nov 17These 4 Measures Indicate That Carpenter Technology (NYSE:CRS) Is Using Debt Extensively
Oct 17Returns On Capital At Carpenter Technology (NYSE:CRS) Paint A Concerning Picture
Sep 26Carpenter Technology: Good Near-Term As Well As Long-Term Prospects At An Attractive Valuation
Sep 05Calculating The Intrinsic Value Of Carpenter Technology Corporation (NYSE:CRS)
Jul 17Is Carpenter Technology (NYSE:CRS) Using Too Much Debt?
Jun 29Some Investors May Be Worried About Carpenter Technology's (NYSE:CRS) Returns On Capital
Jun 09Carpenter Technology Is A Good Buy At The Current Levels
May 27Carpenter Technology's (NYSE:CRS) Dividend Will Be $0.20
Apr 24Carpenter Technology's (NYSE:CRS) Returns On Capital Not Reflecting Well On The Business
Mar 02Carpenter Technology Q2 2023 Earnings Preview
Jan 25Carpenter Technology's (NYSE:CRS) Dividend Will Be $0.20
Jan 24Carpenter Technology declares $0.20 dividend
Jan 19Carpenter Technology Corporation (NYSE:CRS) Shares Could Be 48% Below Their Intrinsic Value Estimate
Dec 29Carpenter Technology: Navigating Well Through A Turbulent Initial Aerospace Recovery Cycle
Nov 10Carpenter Technology FQ1 2023 Earnings Preview
Oct 26Carpenter Technology (NYSE:CRS) Has Affirmed Its Dividend Of $0.20
Oct 18Carpenter Technology reaffirms outlook
Oct 13Here's Why Carpenter Technology (NYSE:CRS) Can Afford Some Debt
Sep 20Carpenter Technology jumps 7% on upgrade to Outperform by Cowen
Sep 12Carpenter Technology declares $0.20 dividend
Aug 12Carpenter Technology FQ4 2022 Earnings Preview
Jul 27We Think Carpenter Technology (NYSE:CRS) Has A Fair Chunk Of Debt
Jun 05Financial Position Analysis
Short Term Liabilities: CRS's short term assets ($1.6B) exceed its short term liabilities ($466.3M).
Long Term Liabilities: CRS's short term assets ($1.6B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: CRS's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: CRS's debt to equity ratio has increased from 37.5% to 42.6% over the past 5 years.
Debt Coverage: CRS's debt is well covered by operating cash flow (39.6%).
Interest Coverage: CRS's interest payments on its debt are well covered by EBIT (6.9x coverage).