Cosmo Energy Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Cosmo Energy Holdings has a total shareholder equity of ¥726.8B and total debt of ¥618.3B, which brings its debt-to-equity ratio to 85.1%. Its total assets and total liabilities are ¥2,211.9B and ¥1,485.2B respectively. Cosmo Energy Holdings's EBIT is ¥149.2B making its interest coverage ratio -131.2. It has cash and short-term investments of ¥117.3B.
Key information
85.1%
Debt to equity ratio
JP¥618.32b
Debt
| Interest coverage ratio | -131.2x |
| Cash | JP¥117.30b |
| Equity | JP¥726.77b |
| Total liabilities | JP¥1.49t |
| Total assets | JP¥2.21t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5021's short term assets (¥1,122.7B) exceed its short term liabilities (¥1,007.6B).
Long Term Liabilities: 5021's short term assets (¥1,122.7B) exceed its long term liabilities (¥477.5B).
Debt to Equity History and Analysis
Debt Level: 5021's net debt to equity ratio (68.9%) is considered high.
Reducing Debt: 5021's debt to equity ratio has reduced from 172.7% to 85.1% over the past 5 years.
Debt Coverage: 5021's debt is well covered by operating cash flow (28.8%).
Interest Coverage: 5021 earns more interest than it pays, so coverage of interest payments is not a concern.