This company has been acquired
Costar Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Costar Technologies has a total shareholder equity of $10.7M and total debt of $13.9M, which brings its debt-to-equity ratio to 129.6%. Its total assets and total liabilities are $33.3M and $22.5M respectively. Costar Technologies's EBIT is $775.0K making its interest coverage ratio 0.6. It has cash and short-term investments of $1,000.0.
Key information
129.6%
Debt to equity ratio
US$13.93m
Debt
Interest coverage ratio | 0.6x |
Cash | US$1.00k |
Equity | US$10.75m |
Total liabilities | US$22.51m |
Total assets | US$33.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSTI's short term assets ($24.3M) exceed its short term liabilities ($21.8M).
Long Term Liabilities: CSTI's short term assets ($24.3M) exceed its long term liabilities ($760.0K).
Debt to Equity History and Analysis
Debt Level: CSTI's net debt to equity ratio (129.6%) is considered high.
Reducing Debt: CSTI's debt to equity ratio has increased from 30.7% to 129.6% over the past 5 years.
Debt Coverage: CSTI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CSTI's interest payments on its debt are not well covered by EBIT (0.6x coverage).