Cochlear Balance Sheet Health
Financial Health criteria checks 6/6
Cochlear has a total shareholder equity of A$1.8B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.7B and A$904.6M respectively. Cochlear's EBIT is A$509.6M making its interest coverage ratio -52. It has cash and short-term investments of A$513.6M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -52x |
| Cash | AU$513.60m |
| Equity | AU$1.84b |
| Total liabilities | AU$904.60m |
| Total assets | AU$2.75b |
Recent financial health updates
No updates
Recent updates
Earnings Not Telling The Story For Cochlear Limited (ASX:COH)
Dec 20
Some Investors May Be Worried About Cochlear's (ASX:COH) Returns On Capital
Nov 19Is Cochlear Limited (ASX:COH) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 04We Think Shareholders May Consider Being More Generous With Cochlear Limited's (ASX:COH) CEO Compensation Package
Oct 18Cochlear Limited's (ASX:COH) Shareholders Might Be Looking For Exit
Sep 19Cochlear Limited Just Missed EPS By 7.4%: Here's What Analysts Think Will Happen Next
Aug 16Investors Could Be Concerned With Cochlear's (ASX:COH) Returns On Capital
Aug 01Here's Why We Think Cochlear (ASX:COH) Is Well Worth Watching
Jun 08Cochlear (ASX:COH) Might Be Having Difficulty Using Its Capital Effectively
Mar 27Here's Why We Think Cochlear (ASX:COH) Is Well Worth Watching
Feb 21Financial Position Analysis
Short Term Liabilities: COH's short term assets (A$1.5B) exceed its short term liabilities (A$631.5M).
Long Term Liabilities: COH's short term assets (A$1.5B) exceed its long term liabilities (A$273.1M).
Debt to Equity History and Analysis
Debt Level: COH is debt free.
Reducing Debt: COH has no debt compared to 5 years ago when its debt to equity ratio was 25%.
Debt Coverage: COH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: COH has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 14:40 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cochlear Limited is covered by 30 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Hester | ANZ Equities Pty Limited |
| Saul Hadassin | Barrenjoey Markets Pty Limited |
| Stuart Roberts | Bell Potter |