Cooper Companies Balance Sheet Health
Financial Health criteria checks 5/6
Cooper Companies has a total shareholder equity of $7.7B and total debt of $2.8B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are $12.0B and $4.3B respectively. Cooper Companies's EBIT is $505.9M making its interest coverage ratio 4.6. It has cash and short-term investments of $135.2M.
Key information
36.0%
Debt to equity ratio
US$2.77b
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$135.20m |
| Equity | US$7.70b |
| Total liabilities | US$4.34b |
| Total assets | US$12.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COO *'s short term assets ($1.8B) exceed its short term liabilities ($964.9M).
Long Term Liabilities: COO *'s short term assets ($1.8B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: COO *'s net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: COO *'s debt to equity ratio has reduced from 62.3% to 36% over the past 5 years.
Debt Coverage: COO *'s debt is well covered by operating cash flow (21.9%).
Interest Coverage: COO *'s interest payments on its debt are well covered by EBIT (4.6x coverage).