Cogstate Balance Sheet Health
Financial Health criteria checks 6/6
Cogstate has a total shareholder equity of $40.9M and total debt of $109.4K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are $57.8M and $16.9M respectively. Cogstate's EBIT is $6.2M making its interest coverage ratio 120.5. It has cash and short-term investments of $30.1M.
Key information
0.3%
Debt to equity ratio
US$109.43k
Debt
| Interest coverage ratio | 120.5x |
| Cash | US$30.12m |
| Equity | US$40.92m |
| Total liabilities | US$16.92m |
| Total assets | US$57.84m |
Recent financial health updates
Recent updates
Pinning Down Cogstate Limited's (ASX:CGS) P/E Is Difficult Right Now
Aug 30
There's Been No Shortage Of Growth Recently For Cogstate's (ASX:CGS) Returns On Capital
Jul 26If EPS Growth Is Important To You, Cogstate (ASX:CGS) Presents An Opportunity
May 13The Price Is Right For Cogstate Limited (ASX:CGS)
Jan 17Is Cogstate Limited (ASX:CGS) Trading At A 29% Discount?
Jul 26Returns Are Gaining Momentum At Cogstate (ASX:CGS)
Apr 14Growth Investors: Industry Analysts Just Upgraded Their Cogstate Limited (ASX:CGS) Revenue Forecasts By 11%
Mar 23Earnings Update: Cogstate Limited (ASX:CGS) Just Reported And Analysts Are Trimming Their Forecasts
Mar 02Cogstate Limited (ASX:CGS) Shares Could Be 19% Below Their Intrinsic Value Estimate
Jan 13Investors Appear Satisfied With Cogstate Limited's (ASX:CGS) Prospects As Shares Rocket 51%
Oct 04Do Cogstate's (ASX:CGS) Earnings Warrant Your Attention?
Sep 28Returns On Capital Are A Standout For Cogstate (ASX:CGS)
Sep 02We Ran A Stock Scan For Earnings Growth And Cogstate (ASX:CGS) Passed With Ease
Jun 30Investors Should Be Encouraged By Cogstate's (ASX:CGS) Returns On Capital
Mar 22We Think Some Shareholders May Hesitate To Increase Cogstate Limited's (ASX:CGS) CEO Compensation
Oct 20Cogstate (ASX:CGS) Is Looking To Continue Growing Its Returns On Capital
Jul 23Is Cogstate (ASX:CGS) Using Too Much Debt?
Apr 29What Can The Trends At Cogstate (ASX:CGS) Tell Us About Their Returns?
Mar 14Here's What Cogstate Limited's (ASX:CGS) Shareholder Ownership Structure Looks Like
Feb 21
How Much Is Cogstate's (ASX:CGS) CEO Getting Paid?
Jan 17Can You Imagine How Jubilant Cogstate's (ASX:CGS) Shareholders Feel About Its 214% Share Price Gain?
Dec 05Financial Position Analysis
Short Term Liabilities: CGS's short term assets ($43.5M) exceed its short term liabilities ($12.6M).
Long Term Liabilities: CGS's short term assets ($43.5M) exceed its long term liabilities ($4.3M).
Debt to Equity History and Analysis
Debt Level: CGS has more cash than its total debt.
Reducing Debt: CGS's debt to equity ratio has reduced from 5% to 0.3% over the past 5 years.
Debt Coverage: CGS's debt is well covered by operating cash flow (5286.1%).
Interest Coverage: CGS's interest payments on its debt are well covered by EBIT (120.5x coverage).