Capital Product Partners Balance Sheet Health
Financial Health criteria checks 1/6
Capital Product Partners has a total shareholder equity of $1.2B and total debt of $1.8B, which brings its debt-to-equity ratio to 151.1%. Its total assets and total liabilities are $3.1B and $2.0B respectively. Capital Product Partners's EBIT is $162.3M making its interest coverage ratio 1.5. It has cash and short-term investments of $192.4M.
Key information
151.1%
Debt to equity ratio
US$1.78b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$192.42m |
| Equity | US$1.17b |
| Total liabilities | US$1.97b |
| Total assets | US$3.14b |
Recent financial health updates
No updates
Recent updates
Capital Product Partners: Ambitious Plans And Undermining Risks
Feb 23Capital Product Partners: Recent Runup Still Leaves Value On The Table For Investors
Feb 07Capital Product Partners Q2 2022 Earnings Preview
Jul 28Capital Product Partners prices €100M in unsecured bonds offering
Jul 22Capital Product Partners: Higher Distributions Coming, But Higher Risks, Too
Jul 05Capital Product Partners - Deep Value Opportunity After Transformative Acquisitions
Mar 28Capital Product Partners Increased Its Distribution By 50% - Expect More To Come
Jan 27Capital Product Partners: Positive Momentum Set To Continue
Aug 15Capital Product Partners: Blue Skies Ahead
Jun 07Capital Product Partners EPS misses by $0.03, misses on revenue
Jan 29Capital Product Partners Will Eventually Catch Up With Peers
Dec 11Capital Product Partners: Improving Conditions But Keep Expectations Modest
Nov 19Capital Product Partners L.P. 2020 Q3 - Results - Earnings Call Presentation
Nov 02Financial Position Analysis
Short Term Liabilities: CPLP's short term assets ($225.5M) exceed its short term liabilities ($183.9M).
Long Term Liabilities: CPLP's short term assets ($225.5M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: CPLP's net debt to equity ratio (134.7%) is considered high.
Reducing Debt: CPLP's debt to equity ratio has increased from 33.1% to 151.1% over the past 5 years.
Debt Coverage: CPLP's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: CPLP's interest payments on its debt are not well covered by EBIT (1.5x coverage).