CosmoSteel Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CosmoSteel Holdings has a total shareholder equity of SGD80.4M and total debt of SGD12.5M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are SGD101.9M and SGD21.5M respectively. CosmoSteel Holdings's EBIT is SGD4.8M making its interest coverage ratio 7.6. It has cash and short-term investments of SGD19.1M.
Key information
15.5%
Debt to equity ratio
S$12.45m
Debt
| Interest coverage ratio | 7.6x |
| Cash | S$19.10m |
| Equity | S$80.44m |
| Total liabilities | S$21.49m |
| Total assets | S$101.93m |
Recent financial health updates
Is CosmoSteel Holdings (SGX:B9S) Using Too Much Debt?
Mar 26
Is CosmoSteel Holdings (SGX:B9S) Using Too Much Debt?
Dec 19Recent updates
Earnings Working Against CosmoSteel Holdings Limited's (SGX:B9S) Share Price
Apr 29Here's Why CosmoSteel Holdings Limited's (SGX:B9S) CEO Compensation Is The Least Of Shareholders' Concerns
Jan 22A Look At The Fair Value Of CosmoSteel Holdings Limited (SGX:B9S)
May 22CosmoSteel Holdings (SGX:B9S) Might Have The Makings Of A Multi-Bagger
Mar 14CosmoSteel Holdings Limited's (SGX:B9S) CEO Compensation Is Looking A Bit Stretched At The Moment
Jan 24Calculating The Fair Value Of CosmoSteel Holdings Limited (SGX:B9S)
Oct 12CosmoSteel Holdings (SGX:B9S) Is Looking To Continue Growing Its Returns On Capital
Mar 03The Return Trends At CosmoSteel Holdings (SGX:B9S) Look Promising
Apr 30Is CosmoSteel Holdings (SGX:B9S) Using Too Much Debt?
Mar 26Estimating The Fair Value Of CosmoSteel Holdings Limited (SGX:B9S)
Feb 22Will The ROCE Trend At CosmoSteel Holdings (SGX:B9S) Continue?
Jan 23Is CosmoSteel Holdings (SGX:B9S) Using Too Much Debt?
Dec 19Investors Aren't Buying CosmoSteel Holdings Limited's (SGX:B9S) Earnings
Nov 23Financial Position Analysis
Short Term Liabilities: B9S's short term assets (SGD76.0M) exceed its short term liabilities (SGD14.3M).
Long Term Liabilities: B9S's short term assets (SGD76.0M) exceed its long term liabilities (SGD7.2M).
Debt to Equity History and Analysis
Debt Level: B9S has more cash than its total debt.
Reducing Debt: B9S's debt to equity ratio has reduced from 39.4% to 15.5% over the past 5 years.
Debt Coverage: B9S's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: B9S's interest payments on its debt are well covered by EBIT (7.6x coverage).