COSOL Balance Sheet Health
Financial Health criteria checks 5/6
COSOL has a total shareholder equity of A$69.4M and total debt of A$18.7M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are A$112.6M and A$43.2M respectively. COSOL's EBIT is A$13.4M making its interest coverage ratio 9.6. It has cash and short-term investments of A$6.6M.
Key information
26.9%
Debt to equity ratio
AU$18.65m
Debt
| Interest coverage ratio | 9.6x |
| Cash | AU$6.62m |
| Equity | AU$69.37m |
| Total liabilities | AU$43.18m |
| Total assets | AU$112.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COS's short term assets (A$30.1M) exceed its short term liabilities (A$21.9M).
Long Term Liabilities: COS's short term assets (A$30.1M) exceed its long term liabilities (A$21.3M).
Debt to Equity History and Analysis
Debt Level: COS's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: COS's debt to equity ratio has increased from 0% to 26.9% over the past 5 years.
Debt Coverage: COS's debt is well covered by operating cash flow (39.4%).
Interest Coverage: COS's interest payments on its debt are well covered by EBIT (9.6x coverage).