Crane NXT Balance Sheet Health
Financial Health criteria checks 3/6
Crane NXT has a total shareholder equity of $1.1B and total debt of $793.2M, which brings its debt-to-equity ratio to 74.1%. Its total assets and total liabilities are $2.4B and $1.3B respectively. Crane NXT's EBIT is $267.6M making its interest coverage ratio 6. It has cash and short-term investments of $165.1M.
Key information
74.1%
Debt to equity ratio
US$793.20m
Debt
Interest coverage ratio | 6x |
Cash | US$165.10m |
Equity | US$1.07b |
Total liabilities | US$1.34b |
Total assets | US$2.41b |
Recent financial health updates
Is Crane NXT (NYSE:CXT) A Risky Investment?
Oct 09These 4 Measures Indicate That Crane NXT (NYSE:CXT) Is Using Debt Reasonably Well
Jun 06These 4 Measures Indicate That Crane NXT (NYSE:CXT) Is Using Debt Reasonably Well
Feb 21Recent updates
Crane NXT: Resorting To M&A Amidst A Softer Organic Performance
Oct 25Is Crane NXT (NYSE:CXT) A Risky Investment?
Oct 09Returns On Capital At Crane NXT (NYSE:CXT) Have Stalled
Jul 30Is Crane NXT, Co. (NYSE:CXT) Trading At A 21% Discount?
Jul 03These 4 Measures Indicate That Crane NXT (NYSE:CXT) Is Using Debt Reasonably Well
Jun 06Crane NXT (NYSE:CXT) Has More To Do To Multiply In Value Going Forward
Apr 13Crane 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 ($630.6M) exceed its short term liabilities ($456.4M).
Long Term Liabilities: CXT's short term assets ($630.6M) do not cover its long term liabilities ($883.5M).
Debt to Equity History and Analysis
Debt Level: CXT's net debt to equity ratio (58.7%) 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 (26.7%).
Interest Coverage: CXT's interest payments on its debt are well covered by EBIT (6x coverage).