Coty Balance Sheet Health
Financial Health criteria checks 1/6
Coty has a total shareholder equity of $4.5B and total debt of $3.9B, which brings its debt-to-equity ratio to 87.9%. Its total assets and total liabilities are $12.5B and $8.0B respectively. Coty's EBIT is $596.9M making its interest coverage ratio 2.6. It has cash and short-term investments of $283.6M.
Key information
87.9%
Debt to equity ratio
US$3.93b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$283.60m |
| Equity | US$4.47b |
| Total liabilities | US$8.04b |
| Total assets | US$12.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1COTY's short term assets ($2.2B) do not cover its short term liabilities ($2.6B).
Long Term Liabilities: 1COTY's short term assets ($2.2B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: 1COTY's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: 1COTY's debt to equity ratio has reduced from 167.6% to 87.9% over the past 5 years.
Debt Coverage: 1COTY's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 1COTY's interest payments on its debt are not well covered by EBIT (2.6x coverage).