Cosco Capital Balance Sheet Health
Financial Health criteria checks 6/6
Cosco Capital has a total shareholder equity of ₱142.0B and total debt of ₱11.6B, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are ₱227.2B and ₱85.2B respectively. Cosco Capital's EBIT is ₱17.2B making its interest coverage ratio 11.9. It has cash and short-term investments of ₱66.5B.
Key information
8.1%
Debt to equity ratio
₱11.56b
Debt
Interest coverage ratio | 11.9x |
Cash | ₱66.48b |
Equity | ₱141.95b |
Total liabilities | ₱85.21b |
Total assets | ₱227.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COSCO's short term assets (₱111.0B) exceed its short term liabilities (₱33.9B).
Long Term Liabilities: COSCO's short term assets (₱111.0B) exceed its long term liabilities (₱51.3B).
Debt to Equity History and Analysis
Debt Level: COSCO has more cash than its total debt.
Reducing Debt: COSCO's debt to equity ratio has reduced from 13.5% to 8.1% over the past 5 years.
Debt Coverage: COSCO's debt is well covered by operating cash flow (197.9%).
Interest Coverage: COSCO's interest payments on its debt are well covered by EBIT (11.9x coverage).