Capital Clean Energy Carriers Balance Sheet Health
Financial Health criteria checks 1/6
Capital Clean Energy Carriers has a total shareholder equity of $1.2B and total debt of $2.7B, which brings its debt-to-equity ratio to 214.5%. Its total assets and total liabilities are $4.1B and $2.9B respectively. Capital Clean Energy Carriers's EBIT is $214.2M making its interest coverage ratio 1.6. It has cash and short-term investments of $164.8M.
Key information
214.5%
Debt to equity ratio
US$2.67b
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$164.79m |
| Equity | US$1.25b |
| Total liabilities | US$2.85b |
| Total assets | US$4.10b |
Recent financial health updates
No updates
Recent updates
Capital Clean Energy Carriers (NASDAQ:CCEC) Has Affirmed Its Dividend Of $0.15
Nov 04
There Are Some Holes In Capital Clean Energy Carriers' (NASDAQ:CCEC) Solid Earnings Release
Oct 23Capital Clean Energy Carriers: Aspiring Plans And Questionable Timing; Rating Unchanged
Oct 09Is It Time To Consider Buying Capital Clean Energy Carriers Corp. (NASDAQ:CCEC)?
Sep 25Capital Clean Energy Carriers: Transformative Move, Yet More Clarity Needed
Sep 10Financial Position Analysis
Short Term Liabilities: CCEC's short term assets ($360.4M) exceed its short term liabilities ($214.0M).
Long Term Liabilities: CCEC's short term assets ($360.4M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: CCEC's net debt to equity ratio (201.3%) is considered high.
Reducing Debt: CCEC's debt to equity ratio has increased from 65.6% to 214.5% over the past 5 years.
Debt Coverage: CCEC's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: CCEC's interest payments on its debt are not well covered by EBIT (1.6x coverage).