Corsair Gaming Balance Sheet Health
Financial Health criteria checks 5/6
Corsair Gaming has a total shareholder equity of $694.0M and total debt of $198.2M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are $1.4B and $663.5M respectively. Corsair Gaming's EBIT is $9.7M making its interest coverage ratio 0.9. It has cash and short-term investments of $175.6M.
Key information
28.6%
Debt to equity ratio
US$198.20m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$175.62m |
| Equity | US$693.98m |
| Total liabilities | US$663.48m |
| Total assets | US$1.36b |
Recent financial health updates
Recent updates
Some Investors May Be Worried About Corsair Gaming's (NASDAQ:CRSR) Returns On Capital
Mar 19
Corsair Gaming: Gaming Peripheral Space Leader, A Speculative Buy
Mar 08Corsair Gaming, Inc. (NASDAQ:CRSR) Shares Could Be 28% Below Their Intrinsic Value Estimate
Feb 15We Think Corsair Gaming (NASDAQ:CRSR) Can Stay On Top Of Its Debt
Jan 25Corsair's Earnings Growth Is Priced In
Jan 23Corsair Gaming, Inc.'s (NASDAQ:CRSR) Shares Not Telling The Full Story
Jan 03Corsair Gaming (NASDAQ:CRSR) Could Be Struggling To Allocate Capital
Dec 09An Intrinsic Calculation For Corsair Gaming, Inc. (NASDAQ:CRSR) Suggests It's 35% Undervalued
Nov 02Should You Investigate Corsair Gaming, Inc. (NASDAQ:CRSR) At US$14.59?
Sep 24Corsair Gaming's (NASDAQ:CRSR) Returns On Capital Not Reflecting Well On The Business
Sep 05Estimating The Intrinsic Value Of Corsair Gaming, Inc. (NASDAQ:CRSR)
Jan 20Is Now The Time To Look At Buying Corsair Gaming, Inc. (NASDAQ:CRSR)?
Dec 03Corsair: Bottom Fishing In Deepening Waters (Technical Analysis)
Sep 20Corsair Hasn't Looked Worse, It Probably Will Get A Bit Better
Sep 07Analysts Have Just Cut Their Corsair Gaming, Inc. (NASDAQ:CRSR) Revenue Estimates By 12%
Aug 08Corsair Q2 Earnings: What A Disaster
Aug 05Corsair Gaming guides Q2 revenue below consensus over "challenging" first half
Jul 21Be Wary Of Corsair Gaming (NASDAQ:CRSR) And Its Returns On Capital
Jul 16Corsair's Troubles Will Likely Continue
Jun 09Corsair Gaming, Inc. (NASDAQ:CRSR) Analysts Just Cut Their EPS Forecasts Substantially
May 10Corsair Gaming: Buffeted By Decaying Industry Fundamentals
May 02Financial Position Analysis
Short Term Liabilities: CRSR's short term assets ($711.6M) exceed its short term liabilities ($418.5M).
Long Term Liabilities: CRSR's short term assets ($711.6M) exceed its long term liabilities ($245.0M).
Debt to Equity History and Analysis
Debt Level: CRSR's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: CRSR's debt to equity ratio has reduced from 259.8% to 28.6% over the past 5 years.
Debt Coverage: CRSR's debt is well covered by operating cash flow (45%).
Interest Coverage: CRSR's interest payments on its debt are not well covered by EBIT (0.9x coverage).