Cooper Companies Balance Sheet Health
Financial Health criteria checks 5/6
Cooper Companies has a total shareholder equity of $7.7B and total debt of $2.8B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are $12.0B and $4.3B respectively. Cooper Companies's EBIT is $508.1M making its interest coverage ratio 4.7. It has cash and short-term investments of $135.2M.
Key information
36.0%
Debt to equity ratio
US$2.77b
Debt
Interest coverage ratio | 4.7x |
Cash | US$135.20m |
Equity | US$7.70b |
Total liabilities | US$4.34b |
Total assets | US$12.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C1OO34's short term assets ($1.8B) exceed its short term liabilities ($964.9M).
Long Term Liabilities: C1OO34's short term assets ($1.8B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: C1OO34's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: C1OO34's debt to equity ratio has reduced from 62.3% to 36% over the past 5 years.
Debt Coverage: C1OO34's debt is well covered by operating cash flow (20.4%).
Interest Coverage: C1OO34's interest payments on its debt are well covered by EBIT (4.7x coverage).