Cosmos Insurance Company Balance Sheet Health
Financial Health criteria checks 6/6
Cosmos Insurance Company has a total shareholder equity of €12.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €30.4M and €18.1M respectively. Cosmos Insurance Company's EBIT is €2.9M making its interest coverage ratio 35.9. It has cash and short-term investments of €15.5M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 35.9x |
| Cash | €15.47m |
| Equity | €12.30m |
| Total liabilities | €18.06m |
| Total assets | €30.36m |
Recent financial health updates
No updates
Recent updates
Here's Why Cosmos Insurance Company (CSE:COS) Has Caught The Eye Of Investors
Jul 22
Cosmos Insurance Company Public Ltd. (CSE:COS) Screens Well But There Might Be A Catch
May 30Cosmos Insurance Company Public Ltd.'s (CSE:COS) Shares Climb 31% But Its Business Is Yet to Catch Up
Jan 19Risks To Shareholder Returns Are Elevated At These Prices For Cosmos Insurance Company Public Ltd. (CSE:COS)
Dec 17Financial Position Analysis
Short Term Liabilities: COS's short term assets (€20.0M) exceed its short term liabilities (€12.0M).
Long Term Liabilities: COS's short term assets (€20.0M) exceed its long term liabilities (€6.1M).
Debt to Equity History and Analysis
Debt Level: COS is debt free.
Reducing Debt: COS has no debt compared to 5 years ago when its debt to equity ratio was 2.6%.
Debt Coverage: COS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: COS has no debt, therefore coverage of interest payments is not a concern.