Cooper Companies Balance Sheet Health
Financial Health criteria checks 5/6
Cooper Companies has a total shareholder equity of $7.9B and total debt of $2.6B, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are $12.1B and $4.2B respectively. Cooper Companies's EBIT is $646.2M making its interest coverage ratio 5.7. It has cash and short-term investments of $109.7M.
Key information
33.2%
Debt to equity ratio
US$2.63b
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$109.70m |
| Equity | US$7.93b |
| Total liabilities | US$4.18b |
| Total assets | US$12.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C1OO34's short term assets ($1.9B) exceed its short term liabilities ($969.5M).
Long Term Liabilities: C1OO34's short term assets ($1.9B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: C1OO34's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: C1OO34's debt to equity ratio has reduced from 50.1% to 33.2% over the past 5 years.
Debt Coverage: C1OO34's debt is well covered by operating cash flow (23.4%).
Interest Coverage: C1OO34's interest payments on its debt are well covered by EBIT (5.7x coverage).