Cable One Inc (CABO)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 3.63 | 3.53 | 3.48 | 3.55 | 3.66 | 3.83 | 3.89 | 3.95 | 3.93 | 3.65 | 3.62 | 3.59 | 3.88 | 3.99 | 4.06 | 3.39 | 3.00 | 2.76 | 2.83 | 4.07 |
Cable One Inc's solvency ratios indicate a consistently strong financial position over the analyzed periods.
1. Debt-to-assets ratio remained at 0.00% throughout the period. This suggests that the company's total debt is virtually non-existent in relation to its total assets, indicating a low level of financial risk.
2. Debt-to-capital ratio also maintained a steady 0.00% level, reflecting that the company is not reliant on debt financing to fund its operations and investments. This shows a healthy balance between debt and equity in the capital structure.
3. Debt-to-equity ratio remained at 0.00%, indicating that Cable One Inc's total debt is minimal in comparison to its equity, further emphasizing the company's stability and low financial leverage.
4. The financial leverage ratio, ranging from 2.76 to 4.07, showed a decreasing trend from 2020 to 2024, with the ratio consistently below 4. This signifies that the company has primarily funded its operations through equity rather than debt, leading to a lower level of financial risk and a healthy capital structure.
Overall, Cable One Inc's solvency ratios suggest a prudent financial management strategy with minimal debt levels and a sound capital structure, indicating a strong ability to meet its financial obligations and a low risk of default.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 2.87 | 3.26 | 3.20 | 3.19 | 3.18 | 3.30 | 3.40 | 3.56 | 4.58 | 4.77 | 4.96 | 5.07 | 4.19 | 4.42 | 4.79 | 5.18 | 5.29 | 5.20 | 5.10 | 4.57 |
The interest coverage ratio for Cable One Inc has shown a fluctuating trend over the past few years. The ratio has ranged from a low of 2.87 as of December 31, 2024, to a peak of 5.29 as of December 31, 2020. Generally, an interest coverage ratio above 1 indicates that a company is able to meet its interest obligations from its operating income.
In the recent periods, the interest coverage ratio has been declining, which may raise concerns about the company's ability to cover its interest expenses with its earnings. Efforts should be made to monitor this trend and ensure that the company maintains a healthy interest coverage ratio to demonstrate financial stability and the ability to manage debt obligations effectively.
Further analysis and comparison with industry averages or benchmarks would provide additional insights into the company's financial health and its ability to service its debt obligations efficiently.