Kosmos Energy Balance Sheet Health
Financial Health criteria checks 2/6
Kosmos Energy has a total shareholder equity of $1.0B and total debt of $2.4B, which brings its debt-to-equity ratio to 231.6%. Its total assets and total liabilities are $4.9B and $3.9B respectively. Kosmos Energy's EBIT is $467.6M making its interest coverage ratio 7.5. It has cash and short-term investments of $95.3M.
Key information
231.6%
Debt to equity ratio
US$2.39b
Debt
Interest coverage ratio | 7.5x |
Cash | US$95.35m |
Equity | US$1.03b |
Total liabilities | US$3.91b |
Total assets | US$4.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOS's short term assets ($422.7M) do not cover its short term liabilities ($554.8M).
Long Term Liabilities: KOS's short term assets ($422.7M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: KOS's net debt to equity ratio (222.4%) is considered high.
Reducing Debt: KOS's debt to equity ratio has increased from 225.2% to 231.6% over the past 5 years.
Debt Coverage: KOS's debt is well covered by operating cash flow (32%).
Interest Coverage: KOS's interest payments on its debt are well covered by EBIT (7.5x coverage).