Cosmo Energy Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Cosmo Energy Holdings has a total shareholder equity of ¥724.6B and total debt of ¥677.9B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are ¥2,219.4B and ¥1,494.8B respectively. Cosmo Energy Holdings's EBIT is ¥114.5B making its interest coverage ratio -67.2. It has cash and short-term investments of ¥133.0B.
Key information
93.6%
Debt to equity ratio
JP¥677.92b
Debt
| Interest coverage ratio | -67.2x |
| Cash | JP¥132.98b |
| Equity | JP¥724.61b |
| Total liabilities | JP¥1.49t |
| Total assets | JP¥2.22t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2LW's short term assets (¥1,112.3B) exceed its short term liabilities (¥1,019.9B).
Long Term Liabilities: 2LW's short term assets (¥1,112.3B) exceed its long term liabilities (¥474.8B).
Debt to Equity History and Analysis
Debt Level: 2LW's net debt to equity ratio (75.2%) is considered high.
Reducing Debt: 2LW's debt to equity ratio has reduced from 177.9% to 93.6% over the past 5 years.
Debt Coverage: 2LW's debt is not well covered by operating cash flow (5%).
Interest Coverage: 2LW earns more interest than it pays, so coverage of interest payments is not a concern.