Caribbean Utilities Company Balance Sheet Health
Financial Health criteria checks 2/6
Caribbean Utilities Company has a total shareholder equity of $328.9M and total debt of $410.3M, which brings its debt-to-equity ratio to 124.8%. Its total assets and total liabilities are $798.2M and $469.3M respectively. Caribbean Utilities Company's EBIT is $38.8M making its interest coverage ratio 2. It has cash and short-term investments of $5.0M.
Key information
124.8%
Debt to equity ratio
US$410.30m
Debt
| Interest coverage ratio | 2x |
| Cash | US$5.03m |
| Equity | US$328.87m |
| Total liabilities | US$469.33m |
| Total assets | US$798.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUPU.F's short term assets ($77.2M) do not cover its short term liabilities ($79.3M).
Long Term Liabilities: CUPU.F's short term assets ($77.2M) do not cover its long term liabilities ($390.0M).
Debt to Equity History and Analysis
Debt Level: CUPU.F's net debt to equity ratio (123.2%) is considered high.
Reducing Debt: CUPU.F's debt to equity ratio has reduced from 126.4% to 124.8% over the past 5 years.
Debt Coverage: CUPU.F's debt is well covered by operating cash flow (21.9%).
Interest Coverage: CUPU.F's interest payments on its debt are not well covered by EBIT (2x coverage).