Cool Balance Sheet Health
Financial Health criteria checks 0/6
Cool has a total shareholder equity of $813.6M and total debt of $1.1B, which brings its debt-to-equity ratio to 130.7%. Its total assets and total liabilities are $2.1B and $1.3B respectively. Cool's EBIT is $179.5M making its interest coverage ratio 2.7. It has cash and short-term investments of $142.4M.
Key information
130.7%
Debt to equity ratio
US$1.06b
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$142.44m |
| Equity | US$813.58m |
| Total liabilities | US$1.26b |
| Total assets | US$2.07b |
Recent financial health updates
No updates
Recent updates
Cool Company: My Favorite LNG Stock As An Income Generator
Oct 07Cool Company: Is The 13.7% Yield Post-Q2 Worth Grabbing?
Aug 31Cool Company: Keep Your Wallet Warm With A 14% Yield
Jul 06Cool Company: Quality Fleet, 73% PNAV, And 14.7% Yield; Rating Unchanged
Apr 09Cool Company: My Favorite LNG Play At An Attractive Price Of 68% P/NAV
Feb 16Cool Company: Value Investing In LNG Shipping Sector
Dec 19The Dividend Investor's Natural Gas Export Playbook - Part 4
Nov 03Cool Company: Rising LNG Demand Should Accelerate The Growth
Sep 16Cool Company: A Promising Stock In The Growing LNG Market
Jun 13Financial Position Analysis
Short Term Liabilities: CLCO's short term assets ($158.5M) do not cover its short term liabilities ($363.9M).
Long Term Liabilities: CLCO's short term assets ($158.5M) do not cover its long term liabilities ($896.1M).
Debt to Equity History and Analysis
Debt Level: CLCO's net debt to equity ratio (113.2%) 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 (15.4%).
Interest Coverage: CLCO's interest payments on its debt are not well covered by EBIT (2.7x coverage).