Capital Clean Energy Carriers Balance Sheet Health
Financial Health criteria checks 0/6
Capital Clean Energy Carriers has a total shareholder equity of $1.2B and total debt of $2.6B, which brings its debt-to-equity ratio to 209.6%. Its total assets and total liabilities are $4.0B and $2.8B respectively. Capital Clean Energy Carriers's EBIT is $187.5M making its interest coverage ratio 1.5. It has cash and short-term investments of $88.3M.
Key information
209.6%
Debt to equity ratio
US$2.58b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$88.30m |
| Equity | US$1.23b |
| Total liabilities | US$2.76b |
| Total assets | US$3.99b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: CCEC's short term assets ($110.0M) do not cover its short term liabilities ($208.7M).
Long Term Liabilities: CCEC's short term assets ($110.0M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: CCEC's net debt to equity ratio (202.5%) is considered high.
Reducing Debt: CCEC's debt to equity ratio has increased from 67% to 209.6% over the past 5 years.
Debt Coverage: CCEC's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: CCEC's interest payments on its debt are not well covered by EBIT (1.5x coverage).