Coty Balance Sheet Health
Financial Health criteria checks 1/6
Coty has a total shareholder equity of $4.9B and total debt of $3.7B, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are $13.0B and $8.2B respectively. Coty's EBIT is $641.1M making its interest coverage ratio 2.5. It has cash and short-term investments of $450.0M.
Key information
76.0%
Debt to equity ratio
US$3.69b
Debt
Interest coverage ratio | 2.5x |
Cash | US$450.00m |
Equity | US$4.86b |
Total liabilities | US$8.16b |
Total assets | US$13.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0I4A's short term assets ($2.4B) do not cover its short term liabilities ($2.9B).
Long Term Liabilities: 0I4A's short term assets ($2.4B) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: 0I4A's net debt to equity ratio (66.7%) is considered high.
Reducing Debt: 0I4A's debt to equity ratio has reduced from 96.5% to 76% over the past 5 years.
Debt Coverage: 0I4A's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: 0I4A's interest payments on its debt are not well covered by EBIT (2.5x coverage).