Cosmos Group Balance Sheet Health
Financial Health criteria checks 6/6
Cosmos Group has a total shareholder equity of CN¥4.5B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are CN¥12.9B and CN¥8.4B respectively. Cosmos Group's EBIT is CN¥249.5M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥1.9B.
Key information
59.5%
Debt to equity ratio
CN¥2.67b
Debt
Interest coverage ratio | -4.7x |
Cash | CN¥1.87b |
Equity | CN¥4.48b |
Total liabilities | CN¥8.44b |
Total assets | CN¥12.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002133's short term assets (CN¥10.9B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 002133's short term assets (CN¥10.9B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 002133's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: 002133's debt to equity ratio has reduced from 69.7% to 59.5% over the past 5 years.
Debt Coverage: 002133's debt is well covered by operating cash flow (55.9%).
Interest Coverage: 002133 earns more interest than it pays, so coverage of interest payments is not a concern.