Cosmo Energy Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Cosmo Energy Holdings has a total shareholder equity of ¥687.7B and total debt of ¥586.3B, which brings its debt-to-equity ratio to 85.2%. Its total assets and total liabilities are ¥2,180.0B and ¥1,492.3B respectively. Cosmo Energy Holdings's EBIT is ¥66.8B making its interest coverage ratio 83.1. It has cash and short-term investments of ¥118.9B.
Key information
85.2%
Debt to equity ratio
JP¥586.25b
Debt
| Interest coverage ratio | 83.1x |
| Cash | JP¥118.94b |
| Equity | JP¥687.71b |
| Total liabilities | JP¥1.49t |
| Total assets | JP¥2.18t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSGY.Y's short term assets (¥1,087.9B) exceed its short term liabilities (¥1,053.5B).
Long Term Liabilities: CSGY.Y's short term assets (¥1,087.9B) exceed its long term liabilities (¥438.8B).
Debt to Equity History and Analysis
Debt Level: CSGY.Y's net debt to equity ratio (68%) is considered high.
Reducing Debt: CSGY.Y's debt to equity ratio has reduced from 186.6% to 85.2% over the past 5 years.
Debt Coverage: CSGY.Y's debt is well covered by operating cash flow (39.4%).
Interest Coverage: CSGY.Y's interest payments on its debt are well covered by EBIT (83.1x coverage).