Cohort Balance Sheet Health
Financial Health criteria checks 5/6
Cohort has a total shareholder equity of £97.9M and total debt of £22.8M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are £214.2M and £116.3M respectively. Cohort's EBIT is £17.9M making its interest coverage ratio 12.6. It has cash and short-term investments of £36.1M.
Key information
23.3%
Debt to equity ratio
UK£22.78m
Debt
Interest coverage ratio | 12.6x |
Cash | UK£36.09m |
Equity | UK£97.92m |
Total liabilities | UK£116.26m |
Total assets | UK£214.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C7K's short term assets (£132.9M) exceed its short term liabilities (£78.5M).
Long Term Liabilities: C7K's short term assets (£132.9M) exceed its long term liabilities (£37.7M).
Debt to Equity History and Analysis
Debt Level: C7K has more cash than its total debt.
Reducing Debt: C7K's debt to equity ratio has increased from 10.2% to 23.3% over the past 5 years.
Debt Coverage: C7K's debt is well covered by operating cash flow (131.6%).
Interest Coverage: C7K's interest payments on its debt are well covered by EBIT (12.6x coverage).