Cosmos Initia Balance Sheet Health
Financial Health criteria checks 4/6
Cosmos Initia has a total shareholder equity of ¥45.6B and total debt of ¥98.1B, which brings its debt-to-equity ratio to 215.2%. Its total assets and total liabilities are ¥173.3B and ¥127.7B respectively. Cosmos Initia's EBIT is ¥7.4B making its interest coverage ratio 13. It has cash and short-term investments of ¥34.4B.
Key information
215.2%
Debt to equity ratio
JP¥98.13b
Debt
| Interest coverage ratio | 13x |
| Cash | JP¥34.40b |
| Equity | JP¥45.60b |
| Total liabilities | JP¥127.73b |
| Total assets | JP¥173.33b |
Recent financial health updates
Is Cosmos Initia (TSE:8844) A Risky Investment?
Mar 22
Cosmos Initia (TYO:8844) Seems To Be Using A Lot Of Debt
Apr 14Here's Why Cosmos Initia (TYO:8844) Is Weighed Down By Its Debt Load
Jan 08Recent updates
Is Cosmos Initia (TSE:8844) A Risky Investment?
Mar 22Cosmos Initia (TYO:8844) Seems To Be Using A Lot Of Debt
Apr 14If You Had Bought Cosmos Initia's (TYO:8844) Shares Three Years Ago You Would Be Down 49%
Mar 10What Type Of Shareholders Own The Most Number of Cosmos Initia Co., Ltd. (TYO:8844) Shares?
Feb 03
Here's Why Cosmos Initia (TYO:8844) Is Weighed Down By Its Debt Load
Jan 08How Much Did Cosmos Initia's(TYO:8844) Shareholders Earn From Share Price Movements Over The Last Year?
Dec 09Financial Position Analysis
Short Term Liabilities: 8844's short term assets (¥162.0B) exceed its short term liabilities (¥74.1B).
Long Term Liabilities: 8844's short term assets (¥162.0B) exceed its long term liabilities (¥53.6B).
Debt to Equity History and Analysis
Debt Level: 8844's net debt to equity ratio (139.8%) is considered high.
Reducing Debt: 8844's debt to equity ratio has reduced from 228.6% to 215.2% over the past 5 years.
Debt Coverage: 8844's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8844's interest payments on its debt are well covered by EBIT (13x coverage).