Cool Balance Sheet Health
Financial Health criteria checks 1/6
Cool has a total shareholder equity of $806.6M and total debt of $1.1B, which brings its debt-to-equity ratio to 131.7%. Its total assets and total liabilities are $2.1B and $1.3B respectively. Cool's EBIT is $200.9M making its interest coverage ratio 3.1. It has cash and short-term investments of $133.5M.
Key information
131.7%
Debt to equity ratio
US$1.06b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$133.50m |
| Equity | US$806.58m |
| Total liabilities | US$1.25b |
| Total assets | US$2.06b |
Recent financial health updates
No updates
Recent updates
Cool's (OB:CLCO) Earnings Are Weaker Than They Seem
Apr 05
Returns On Capital Are Showing Encouraging Signs At Cool (OB:CLCO)
Feb 08An Intrinsic Calculation For Cool Company Ltd. (OB:CLCO) Suggests It's 47% Undervalued
Aug 14Cool (OB:COOL) Strong Profits May Be Masking Some Underlying Issues
Feb 22Is There An Opportunity With Cool Company Ltd's (OB:COOL) 49% Undervaluation?
Feb 16A Look At The Fair Value Of Cool Company Ltd (OB:COOL)
Oct 21Financial Position Analysis
Short Term Liabilities: CLCO's short term assets ($154.3M) do not cover its short term liabilities ($293.3M).
Long Term Liabilities: CLCO's short term assets ($154.3M) do not cover its long term liabilities ($957.0M).
Debt to Equity History and Analysis
Debt Level: CLCO's net debt to equity ratio (115.1%) is considered high.
Reducing Debt: Insufficient data to determine if CLCO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CLCO's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: CLCO's interest payments on its debt are well covered by EBIT (3.1x coverage).