Coty Balance Sheet Health

Financial Health criteria checks 1/6

Coty has a total shareholder equity of $4.4B and total debt of $3.9B, which brings its debt-to-equity ratio to 88.4%. Its total assets and total liabilities are $12.3B and $7.9B respectively. Coty's EBIT is $675.6M making its interest coverage ratio 2.7. It has cash and short-term investments of $260.2M.

Key information

88.4%

Debt to equity ratio

US$3.91b

Debt

Interest coverage ratio2.7x
CashUS$260.20m
EquityUS$4.42b
Total liabilitiesUS$7.90b
Total assetsUS$12.32b

Recent financial health updates

Recent updates

Market Participants Recognise Coty Inc.'s (NYSE:COTY) Earnings

May 27
Market Participants Recognise Coty Inc.'s (NYSE:COTY) Earnings

Is It Time To Consider Buying Coty Inc. (NYSE:COTY)?

May 13
Is It Time To Consider Buying Coty Inc. (NYSE:COTY)?

Is Coty Inc. (NYSE:COTY) Trading At A 43% Discount?

Apr 29
Is Coty Inc. (NYSE:COTY) Trading At A 43% Discount?

Does Coty (NYSE:COTY) Have A Healthy Balance Sheet?

Apr 14
Does Coty (NYSE:COTY) Have A Healthy Balance Sheet?

With EPS Growth And More, Coty (NYSE:COTY) Makes An Interesting Case

Mar 17
With EPS Growth And More, Coty (NYSE:COTY) Makes An Interesting Case

Getting In Cheap On Coty Inc. (NYSE:COTY) Is Unlikely

Feb 04
Getting In Cheap On Coty Inc. (NYSE:COTY) Is Unlikely

Estimating The Intrinsic Value Of Coty Inc. (NYSE:COTY)

Jan 22
Estimating The Intrinsic Value Of Coty Inc. (NYSE:COTY)

We Think Coty (NYSE:COTY) Can Stay On Top Of Its Debt

Jan 08
We Think Coty (NYSE:COTY) Can Stay On Top Of Its Debt

Is Now An Opportune Moment To Examine Coty Inc. (NYSE:COTY)?

Dec 25
Is Now An Opportune Moment To Examine Coty Inc. (NYSE:COTY)?

Coty: Strong Execution Continues

Dec 04

With EPS Growth And More, Coty (NYSE:COTY) Makes An Interesting Case

Nov 27
With EPS Growth And More, Coty (NYSE:COTY) Makes An Interesting Case

Analyst Estimates: Here's What Brokers Think Of Coty Inc. (NYSE:COTY) After Its First-Quarter Report

Nov 10
Analyst Estimates: Here's What Brokers Think Of Coty Inc. (NYSE:COTY) After Its First-Quarter Report

Coty: Quarterly Guidance Increase And Lower Leverage Make It Appealing

Oct 25

Estimating The Intrinsic Value Of Coty Inc. (NYSE:COTY)

Oct 22
Estimating The Intrinsic Value Of Coty Inc. (NYSE:COTY)

Here's Why We Think Coty (NYSE:COTY) Is Well Worth Watching

Aug 29
Here's Why We Think Coty (NYSE:COTY) Is Well Worth Watching

Coty Continues To Deliver Strong Results In Q4

Aug 24

Is Now An Opportune Moment To Examine Coty Inc. (NYSE:COTY)?

Aug 14
Is Now An Opportune Moment To Examine Coty Inc. (NYSE:COTY)?

Coty (NYSE:COTY) Seems To Use Debt Quite Sensibly

Jul 31
Coty (NYSE:COTY) Seems To Use Debt Quite Sensibly

Coty: High Leverage Ratio And Uncertain Near-Term Demand Are Risks

Jul 21

Calculating The Fair Value Of Coty Inc. (NYSE:COTY)

Jul 18
Calculating The Fair Value Of Coty Inc. (NYSE:COTY)

Coty: Upping Price Target

Jul 12

Coty's Results Continue To Shine, And More Catalysts Are Ahead

May 31

Coty Inc.'s (NYSE:COTY) Earnings Haven't Escaped The Attention Of Investors

May 24
Coty Inc.'s (NYSE:COTY) Earnings Haven't Escaped The Attention Of Investors

Is Coty Inc. (NYSE:COTY) Potentially Undervalued?

May 10
Is Coty Inc. (NYSE:COTY) Potentially Undervalued?

If EPS Growth Is Important To You, Coty (NYSE:COTY) Presents An Opportunity

Apr 25
If EPS Growth Is Important To You, Coty (NYSE:COTY) Presents An Opportunity

Does Coty (NYSE:COTY) Have A Healthy Balance Sheet?

Mar 14
Does Coty (NYSE:COTY) Have A Healthy Balance Sheet?

Coty: A Deleveraging Story With Strong Momentum

Feb 04

Are Investors Undervaluing Coty Inc. (NYSE:COTY) By 21%?

Jan 16
Are Investors Undervaluing Coty Inc. (NYSE:COTY) By 21%?

At US$8.32, Is It Time To Put Coty Inc. (NYSE:COTY) On Your Watch List?

Dec 25
At US$8.32, Is It Time To Put Coty Inc. (NYSE:COTY) On Your Watch List?

Coty sells back fragrance license to Lacoste

Dec 21

Coty to start hedging expected $200M stock buyback program in 2025

Dec 12

Coty (NYSE:COTY) Has A Somewhat Strained Balance Sheet

Dec 04
Coty (NYSE:COTY) Has A Somewhat Strained Balance Sheet

Coty Q1 2023 Earnings Preview

Nov 07

Coty: Strong Q4 Result And Upside Potential Thanks To New Strategy

Oct 06

Coty expands partnership with Cruelty Free International

Sep 26

Shareholders Shouldn’t Be Too Comfortable With Coty's (NYSE:COTY) Strong Earnings

Sep 03
Shareholders Shouldn’t Be Too Comfortable With Coty's (NYSE:COTY) Strong Earnings

Coty FQ4 2022 Earnings Preview

Aug 24

Coty (NYSE:COTY) Takes On Some Risk With Its Use Of Debt

Aug 01
Coty (NYSE:COTY) Takes On Some Risk With Its Use Of Debt

Coty: Expecting Earnings Growth From Luxury Retail

Jul 27

Coty Inc.'s (NYSE:COTY) Intrinsic Value Is Potentially 93% Above Its Share Price

May 30
Coty Inc.'s (NYSE:COTY) Intrinsic Value Is Potentially 93% Above Its Share Price

Hanging On To Coty Inc.

May 11

Financial Position Analysis

Short Term Liabilities: COTY's short term assets ($2.0B) do not cover its short term liabilities ($2.5B).

Long Term Liabilities: COTY's short term assets ($2.0B) do not cover its long term liabilities ($5.4B).


Debt to Equity History and Analysis

Debt Level: COTY's net debt to equity ratio (82.5%) is considered high.

Reducing Debt: COTY's debt to equity ratio has reduced from 96.7% to 88.4% over the past 5 years.

Debt Coverage: COTY's debt is not well covered by operating cash flow (13.9%).

Interest Coverage: COTY's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.