Cosmo Energy Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Cosmo Energy Holdings has a total shareholder equity of ¥724.6B and total debt of ¥677.9B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are ¥2,219.4B and ¥1,494.8B respectively. Cosmo Energy Holdings's EBIT is ¥114.5B making its interest coverage ratio -67.2. It has cash and short-term investments of ¥133.0B.
Key information
93.6%
Debt to equity ratio
JP¥677.92b
Debt
| Interest coverage ratio | -67.2x |
| Cash | JP¥132.98b |
| Equity | JP¥724.61b |
| Total liabilities | JP¥1.49t |
| Total assets | JP¥2.22t |
Recent financial health updates
Does Cosmo Energy Holdings (TSE:5021) Have A Healthy Balance Sheet?
Aug 12
Is Cosmo Energy Holdings (TSE:5021) Using Too Much Debt?
May 12Recent updates
Why Cosmo Energy Holdings' (TSE:5021) Earnings Are Better Than They Seem
Nov 20Is Cosmo Energy Holdings Co., Ltd. (TSE:5021) Trading At A 48% Discount?
Nov 07Does Cosmo Energy Holdings (TSE:5021) Have A Healthy Balance Sheet?
Aug 12Cosmo Energy Holdings Co., Ltd.'s (TSE:5021) Prospects Need A Boost To Lift Shares
Jul 27Cosmo Energy Holdings Co., Ltd. (TSE:5021) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jul 11Is Cosmo Energy Holdings (TSE:5021) Using Too Much Debt?
May 12Investors Holding Back On Cosmo Energy Holdings Co., Ltd. (TSE:5021)
Apr 09Cosmo Energy Holdings (TSE:5021) Will Pay A Dividend Of ¥150.00
Mar 13Cosmo Energy Holdings' (TSE:5021) Dividend Will Be ¥150.00
Feb 28Financial Position Analysis
Short Term Liabilities: 5021's short term assets (¥1,112.3B) exceed its short term liabilities (¥1,019.9B).
Long Term Liabilities: 5021's short term assets (¥1,112.3B) exceed its long term liabilities (¥474.8B).
Debt to Equity History and Analysis
Debt Level: 5021's net debt to equity ratio (75.2%) is considered high.
Reducing Debt: 5021's debt to equity ratio has reduced from 177.9% to 93.6% over the past 5 years.
Debt Coverage: 5021's debt is not well covered by operating cash flow (5%).
Interest Coverage: 5021 earns more interest than it pays, so coverage of interest payments is not a concern.