CCL Industries Balance Sheet Health
Financial Health criteria checks 5/6
CCL Industries has a total shareholder equity of CA$4.6B and total debt of CA$2.1B, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are CA$8.9B and CA$4.3B respectively. CCL Industries's EBIT is CA$916.9M making its interest coverage ratio 11.8. It has cash and short-term investments of CA$774.2M.
Key information
44.9%
Debt to equity ratio
CA$2.07b
Debt
Interest coverage ratio | 11.8x |
Cash | CA$774.20m |
Equity | CA$4.62b |
Total liabilities | CA$4.30b |
Total assets | CA$8.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCLL.F's short term assets (CA$2.7B) exceed its short term liabilities (CA$1.4B).
Long Term Liabilities: CCLL.F's short term assets (CA$2.7B) do not cover its long term liabilities (CA$2.9B).
Debt to Equity History and Analysis
Debt Level: CCLL.F's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: CCLL.F's debt to equity ratio has reduced from 94.6% to 44.9% over the past 5 years.
Debt Coverage: CCLL.F's debt is well covered by operating cash flow (48.4%).
Interest Coverage: CCLL.F's interest payments on its debt are well covered by EBIT (11.8x coverage).