Cooks Coffee Balance Sheet Health
Financial Health criteria checks 0/6
Cooks Coffee has a total shareholder equity of NZ$-3.0M and total debt of NZ$3.0M, which brings its debt-to-equity ratio to -99.3%. Its total assets and total liabilities are NZ$30.0M and NZ$33.0M respectively. Cooks Coffee's EBIT is NZ$1.1M making its interest coverage ratio 2.4. It has cash and short-term investments of NZ$211.0K.
Key information
-99.3%
Debt to equity ratio
NZ$2.99m
Debt
| Interest coverage ratio | 2.4x |
| Cash | NZ$211.00k |
| Equity | -NZ$3.01m |
| Total liabilities | NZ$32.99m |
| Total assets | NZ$29.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COOK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: COOK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: COOK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: COOK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: COOK's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: COOK's interest payments on its debt are not well covered by EBIT (2.4x coverage).