Cosmos Health Balance Sheet Health
Financial Health criteria checks 6/6
Cosmos Health has a total shareholder equity of $44.6M and total debt of $9.6M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are $71.5M and $27.0M respectively.
Key information
21.5%
Debt to equity ratio
US$9.60m
Debt
Interest coverage ratio | n/a |
Cash | US$2.38m |
Equity | US$44.57m |
Total liabilities | US$26.96m |
Total assets | US$71.53m |
Recent financial health updates
Recent updates
Slammed 27% Cosmos Health Inc. (NASDAQ:COSM) Screens Well Here But There Might Be A Catch
Feb 23Cosmos Holdings intends to acquire telemedicine platform ZipDoctor
Sep 28Cosmos Holdings reports Q2 results
Aug 22Cosmos changes name to Cosmos Healthto
Jul 29Cosmos climbs 11% on Cana Laboratories acquisition, expanding product line and integrating vertically
Jul 20Cosmos Holdings to acquire bone health product portfolio from LIFE NLB
Jul 06Financial Position Analysis
Short Term Liabilities: COSM's short term assets ($46.5M) exceed its short term liabilities ($22.6M).
Long Term Liabilities: COSM's short term assets ($46.5M) exceed its long term liabilities ($4.4M).
Debt to Equity History and Analysis
Debt Level: COSM's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: COSM's debt to equity ratio has reduced from 413.5% to 21.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: COSM has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: COSM is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.