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
No updates
Recent updates
Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 08:09 |
| End of Day Share Price | 2024/12/17 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
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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
Cogstate Limited is covered by 4 analysts. 1 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 |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Anubhav Saxena | Bell Potter |
| Elyse Shapiro | Canaccord Genuity |