New Cosmos ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
New Cosmos ElectricLtd has a total shareholder equity of ¥50.1B and total debt of ¥5.4B, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are ¥67.1B and ¥17.0B respectively. New Cosmos ElectricLtd's EBIT is ¥5.5B making its interest coverage ratio -41.6. It has cash and short-term investments of ¥20.5B.
Key information
10.7%
Debt to equity ratio
JP¥5.35b
Debt
| Interest coverage ratio | -41.6x |
| Cash | JP¥20.49b |
| Equity | JP¥50.11b |
| Total liabilities | JP¥17.01b |
| Total assets | JP¥67.12b |
Recent financial health updates
Does New Cosmos ElectricLtd (TSE:6824) Have A Healthy Balance Sheet?
Aug 07
New Cosmos ElectricLtd (TYO:6824) Seems To Use Debt Rather Sparingly
Mar 09Is New Cosmos ElectricLtd (TYO:6824) A Risky Investment?
Nov 30
Recent updates
Does New Cosmos ElectricLtd (TSE:6824) Have A Healthy Balance Sheet?
Aug 07New Cosmos ElectricLtd (TYO:6824) Seems To Use Debt Rather Sparingly
Mar 09How Does New Cosmos Electric Co.,Ltd. (TYO:6824) Stand Up To These Simple Dividend Safety Checks?
Feb 19New Cosmos ElectricLtd (TYO:6824) Shareholders Booked A 62% Gain In The Last Five Years
Feb 01Is New Cosmos Electric Co.,Ltd.'s (TYO:6824) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 13What You Need To Know About New Cosmos Electric Co.,Ltd.'s (TYO:6824) Investor Composition
Dec 21Is New Cosmos ElectricLtd (TYO:6824) A Risky Investment?
Nov 30Financial Position Analysis
Short Term Liabilities: 6824's short term assets (¥43.4B) exceed its short term liabilities (¥9.9B).
Long Term Liabilities: 6824's short term assets (¥43.4B) exceed its long term liabilities (¥7.1B).
Debt to Equity History and Analysis
Debt Level: 6824 has more cash than its total debt.
Reducing Debt: 6824's debt to equity ratio has increased from 5.8% to 10.7% over the past 5 years.
Debt Coverage: 6824's debt is well covered by operating cash flow (59.3%).
Interest Coverage: 6824 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 06:28 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
New Cosmos Electric Co.,Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Company Forecast |