COG Financial Services Balance Sheet Health
Financial Health criteria checks 3/6
COG Financial Services has a total shareholder equity of A$207.5M and total debt of A$246.4M, which brings its debt-to-equity ratio to 118.7%. Its total assets and total liabilities are A$557.1M and A$349.6M respectively. COG Financial Services's EBIT is A$53.7M making its interest coverage ratio 5.9. It has cash and short-term investments of A$107.6M.
Key information
118.7%
Debt to equity ratio
AU$246.38m
Debt
| Interest coverage ratio | 5.9x |
| Cash | AU$107.62m |
| Equity | AU$207.54m |
| Total liabilities | AU$349.57m |
| Total assets | AU$557.10m |
Recent financial health updates
No updates
Recent updates
Upgrade: The Latest Revenue Forecasts For COG Financial Services Limited (ASX:COG)
Aug 29
We Take A Look At Why COG Financial Services Limited's (ASX:COG) CEO Compensation Is Well Earned
Nov 18Shareholders Will Probably Not Have Any Issues With COG Financial Services Limited's (ASX:COG) CEO Compensation
Nov 22COG Financial Services' (ASX:COG) Upcoming Dividend Will Be Larger Than Last Year's
Sep 21COG Financial Services (ASX:COG) Is Increasing Its Dividend To AU$0.06
Sep 01Cameron McCullagh Is The Executive Director and Head of Finance Broking & Aggregation of COG Financial Services Limited (ASX:COG) And Just Spent AU$199k On Shares
Mar 05If You Had Bought COG Financial Services' (ASX:COG) Shares Five Years Ago You Would Be Down 14%
Feb 19What Kind Of Shareholders Hold The Majority In COG Financial Services Limited's (ASX:COG) Shares?
Jan 14
How Many COG Financial Services Limited (ASX:COG) Shares Did Insiders Buy, In The Last Year?
Dec 10Getting In Cheap On Consolidated Operations Group Limited (ASX:COG) Is Unlikely
Aug 26Who Has Been Buying Consolidated Operations Group Limited (ASX:COG) Shares?
Aug 23Consolidated Operations Group Limited's (ASX:COG) Business Is Trailing The Market But Its Shares Aren't
Jul 06Financial Position Analysis
Short Term Liabilities: COG's short term assets (A$192.0M) do not cover its short term liabilities (A$258.3M).
Long Term Liabilities: COG's short term assets (A$192.0M) exceed its long term liabilities (A$91.3M).
Debt to Equity History and Analysis
Debt Level: COG's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: COG's debt to equity ratio has increased from 51.1% to 118.7% over the past 5 years.
Debt Coverage: COG's debt is well covered by operating cash flow (20.6%).
Interest Coverage: COG's interest payments on its debt are well covered by EBIT (5.9x coverage).