Comtech Telecommunications Balance Sheet Health
Financial Health criteria checks 3/6
Comtech Telecommunications has a total shareholder equity of $573.5M and total debt of $168.1M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are $996.8M and $423.3M respectively. Comtech Telecommunications's EBIT is $13.1M making its interest coverage ratio 0.7. It has cash and short-term investments of $40.0M.
Key information
29.3%
Debt to equity ratio
US$168.09m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$39.96m |
| Equity | US$573.45m |
| Total liabilities | US$423.30m |
| Total assets | US$996.76m |
Recent financial health updates
Recent updates
Comtech Telecommunications Corp. (NASDAQ:CMTL) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Feb 06
Take 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 25Comtech Telecommunications (NASDAQ:CMTL) Is Due To Pay A Dividend Of US$0.10
Oct 08Financial Position Analysis
Short Term Liabilities: CMTL's short term assets ($343.2M) do not cover its short term liabilities ($347.3M).
Long Term Liabilities: CMTL's short term assets ($343.2M) exceed its long term liabilities ($76.0M).
Debt to Equity History and Analysis
Debt Level: CMTL's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: CMTL's debt to equity ratio has reduced from 34% to 29.3% 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: CMTL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CMTL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.6% each year