Kosmos Energy Balance Sheet Health
Financial Health criteria checks 3/6
Kosmos Energy has a total shareholder equity of $1.2B and total debt of $2.7B, which brings its debt-to-equity ratio to 225%. Its total assets and total liabilities are $5.5B and $4.3B respectively. Kosmos Energy's EBIT is $522.4M making its interest coverage ratio 13.2. It has cash and short-term investments of $51.6M.
Key information
225.0%
Debt to equity ratio
US$2.69b
Debt
| Interest coverage ratio | 13.2x |
| Cash | US$51.58m |
| Equity | US$1.20b |
| Total liabilities | US$4.27b |
| Total assets | US$5.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOS1's short term assets ($421.1M) do not cover its short term liabilities ($563.2M).
Long Term Liabilities: KOS1's short term assets ($421.1M) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: KOS1's net debt to equity ratio (220.7%) is considered high.
Reducing Debt: KOS1's debt to equity ratio has reduced from 236.4% to 225% over the past 5 years.
Debt Coverage: KOS1's debt is well covered by operating cash flow (29.6%).
Interest Coverage: KOS1's interest payments on its debt are well covered by EBIT (13.2x coverage).