Caribbean Utilities Company Balance Sheet Health
Financial Health criteria checks 2/6
Caribbean Utilities Company has a total shareholder equity of $325.0M and total debt of $399.7M, which brings its debt-to-equity ratio to 123%. Its total assets and total liabilities are $777.7M and $452.7M respectively. Caribbean Utilities Company's EBIT is $38.7M making its interest coverage ratio 2. It has cash and short-term investments of $2.8M.
Key information
123.0%
Debt to equity ratio
US$399.68m
Debt
Interest coverage ratio | 2x |
Cash | US$2.80m |
Equity | US$325.01m |
Total liabilities | US$452.71m |
Total assets | US$777.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUPU.F's short term assets ($67.8M) do not cover its short term liabilities ($133.1M).
Long Term Liabilities: CUPU.F's short term assets ($67.8M) do not cover its long term liabilities ($319.6M).
Debt to Equity History and Analysis
Debt Level: CUPU.F's net debt to equity ratio (122.1%) is considered high.
Reducing Debt: CUPU.F's debt to equity ratio has reduced from 126.2% to 123% over the past 5 years.
Debt Coverage: CUPU.F's debt is well covered by operating cash flow (23.7%).
Interest Coverage: CUPU.F's interest payments on its debt are not well covered by EBIT (2x coverage).