Caribbean Utilities Company Balance Sheet Health
Financial Health criteria checks 2/6
Caribbean Utilities Company has a total shareholder equity of $337.2M and total debt of $418.5M, which brings its debt-to-equity ratio to 124.1%. Its total assets and total liabilities are $820.7M and $483.6M respectively. Caribbean Utilities Company's EBIT is $38.8M making its interest coverage ratio 1.9. It has cash and short-term investments of $4.2M.
Key information
124.1%
Debt to equity ratio
US$418.49m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$4.21m |
| Equity | US$337.15m |
| Total liabilities | US$483.59m |
| Total assets | US$820.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUPU.F's short term assets ($80.1M) do not cover its short term liabilities ($93.5M).
Long Term Liabilities: CUPU.F's short term assets ($80.1M) do not cover its long term liabilities ($390.1M).
Debt to Equity History and Analysis
Debt Level: CUPU.F's net debt to equity ratio (122.9%) is considered high.
Reducing Debt: CUPU.F's debt to equity ratio has reduced from 136.6% to 124.1% over the past 5 years.
Debt Coverage: CUPU.F's debt is well covered by operating cash flow (20.6%).
Interest Coverage: CUPU.F's interest payments on its debt are not well covered by EBIT (1.9x coverage).