Comtech Telecommunications Balance Sheet Health
Financial Health criteria checks 3/6
Comtech Telecommunications has a total shareholder equity of $486.3M and total debt of $174.5M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are $912.4M and $426.1M respectively. Comtech Telecommunications's EBIT is $1.2M making its interest coverage ratio 0.1. It has cash and short-term investments of $32.4M.
Key information
35.9%
Debt to equity ratio
US$174.54m
Debt
| Interest coverage ratio | 0.05x |
| Cash | US$32.43m |
| Equity | US$486.33m |
| Total liabilities | US$426.11m |
| Total assets | US$912.43m |
Recent financial health updates
Recent updates
Comtech's Restructuring Is Risky And Only Makes Sense Under Very Optimistic Assumptions
Oct 19Comtech Telecommunications Corp.'s (NASDAQ:CMTL) Prospects Need A Boost To Lift Shares
Sep 12
Take Care Before Diving Into The Deep End On Comtech Telecommunications Corp. (NASDAQ:CMTL)
Jun 13Comtech Telecommunications Corp. (NASDAQ:CMTL) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Feb 06Take Care Before Jumping Onto Comtech Telecommunications Corp. (NASDAQ:CMTL) Even Though It's 36% Cheaper
Dec 18Is Comtech Telecommunications (NASDAQ:CMTL) Using Too Much Debt?
Nov 01Comtech Telecommunications Q4 2022 Earnings Preview
Sep 28Comtech bags foreign military sales contract
Sep 21Comtech names new CEO; reiterates outlook
Aug 10Comtech taps Peterman to replace Kornberg as chairman
Jul 25Financial Position Analysis
Short Term Liabilities: CMTL's short term assets ($336.6M) exceed its short term liabilities ($183.5M).
Long Term Liabilities: CMTL's short term assets ($336.6M) exceed its long term liabilities ($242.6M).
Debt to Equity History and Analysis
Debt Level: CMTL's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: CMTL's debt to equity ratio has increased from 30.8% to 35.9% 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: CMTL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CMTL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.