Crane NXT Balance Sheet Health
Financial Health criteria checks 3/6
Crane NXT has a total shareholder equity of $964.0M and total debt of $644.9M, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are $2.1B and $1.2B respectively. Crane NXT's EBIT is $284.8M making its interest coverage ratio 5.8. It has cash and short-term investments of $227.2M.
Key information
66.9%
Debt to equity ratio
US$644.90m
Debt
| Interest coverage ratio | 5.8x |
| Cash | US$227.20m |
| Equity | US$964.00m |
| Total liabilities | US$1.17b |
| Total assets | US$2.13b |
Recent financial health updates
Recent updates
Crane NXT (NYSE:CXT) Has More To Do To Multiply In Value Going Forward
Apr 13
Crane NXT: What's Next After A Partial Re-Rating?
Mar 13These 4 Measures Indicate That Crane NXT (NYSE:CXT) Is Using Debt Reasonably Well
Feb 21Calculating The Fair Value Of Crane NXT, Co. (NYSE:CXT)
Jan 26Revenues Not Telling The Story For Crane NXT, Co. (NYSE:CXT)
Dec 15Crane NXT: Still A Bit More Upside In This Currency Play
Sep 05An Intrinsic Calculation For Crane NXT, Co. (NYSE:CXT) Suggests It's 34% Undervalued
Sep 05Financial Position Analysis
Short Term Liabilities: CXT's short term assets ($644.4M) exceed its short term liabilities ($334.4M).
Long Term Liabilities: CXT's short term assets ($644.4M) do not cover its long term liabilities ($831.0M).
Debt to Equity History and Analysis
Debt Level: CXT's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: Insufficient data to determine if CXT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CXT's debt is well covered by operating cash flow (42.8%).
Interest Coverage: CXT's interest payments on its debt are well covered by EBIT (5.8x coverage).