A Look Into Cosmos Holdings' Debt
A Look Into Cosmos Holdings' Debt
Over the past three months, shares of Cosmos Holdings Inc. (NASDAQ:COSM) rose by 84.35%. When understanding a companies price change over a time period like 3 months, it could be helpful to look at its financials. One key aspect of a companies financials is its debt, but before we understand the importance of debt, let's look at how much debt Cosmos Holdings has.
在過去三個月裏，科斯莫斯控股公司(納斯達克代碼：COSM)的股價上漲了84.35%。當了解一家公司在一段時間內(如3個月)的價格變化時，查看其財務狀況可能會有所幫助。一家公司財務狀況的一個關鍵方面是它的債務，但在我們理解債務的重要性之前，讓我們看看Cosmos Holdings有多少債務。
Cosmos Holdings Debt
Cosmos Holdings債務
According to the Cosmos Holdings's most recent financial statement as reported on November 14, 2022, total debt is at $9.59 million, with $2.96 million in long-term debt and $6.63 million in current debt. Adjusting for $312 thousand in cash-equivalents, the company has a net debt of $9.28 million.
根據Cosmos Holdings截至2022年11月14日的最新財務報表，總債務為959萬美元，其中長期債務296萬美元，本期債務663萬美元。經31.2萬美元現金等價物調整後，該公司的淨債務為928萬美元。
Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents includes cash and any liquid securities with maturity periods of 90 days or less. Total debt equals current debt plus long-term debt minus cash equivalents.
讓我們定義一下我們在上面段落中使用的一些術語。流動債務指一家公司在1年內到期的債務部分，而長期債務是超過1年後到期的部分。現金等價物包括現金和任何到期日在90天或以下的流動證券。債務總額等於當前債務加上長期債務減去現金等價物。
To understand the degree of financial leverage a company has, investors look at the debt ratio. Considering Cosmos Holdings's $45.62 million in total assets, the debt-ratio is at 0.21. As a rule of thumb, a debt-ratio more than 1 indicates that a considerable portion of debt is funded by assets. A higher debt-ratio can also imply that the company might be putting itself at risk for default, if interest rates were to increase. However, debt-ratios vary widely across different industries. A debt ratio of 40% might be higher for one industry, but average for another.
為了瞭解一家公司的財務槓桿程度，投資者關注的是負債率。考慮到Cosmos Holdings的總資產為4,562萬美元，負債率為0.21。根據經驗，債務比率超過1表明相當一部分債務是由資產提供資金的。較高的負債率也可能意味着，如果利率上升，該公司可能會面臨違約風險。然而，不同行業的負債率差別很大。40%的負債率對一個行業來説可能更高，但對另一個行業來説是平均水平。
Why Debt Is Important
為什麼債務很重要
Besides equity, debt is an important factor in the capital structure of a company, and contributes to its growth. Due to its lower financing cost compared to equity, it becomes an attractive option for executives trying to raise capital.
除了股權，債務是公司資本結構中的一個重要因素，並對公司的增長做出了貢獻。由於其融資成本低於股權，對於試圖籌集資金的高管來説，它成為一個有吸引力的選擇。
Interest-payment obligations can impact the cash-flow of the company. Having financial leverage also allows companies to use additional capital for business operations, allowing equity owners to retain excess profit, generated by the debt capital.
付息義務會影響公司的現金流。擁有財務槓桿還允許公司將額外資本用於業務運營，允許股權所有者保留債務資本產生的超額利潤。
Looking for stocks with low debt-to-equity ratios? Check out Benzinga Pro, a market research platform which provides investors with near-instantaneous access to dozens of stock metrics - including debt-to-equity ratio. Click here to learn more.
尋找債務股本比率較低的股票？看看Benzinga Pro，這是一個市場研究平臺，為投資者提供了數十個股票指標的近乎即時的訪問-包括債務與股本比率。單擊此處瞭解更多信息。
This article was generated by Benzinga's automated content engine and reviewed by an editor.
本文由Benzinga的自動內容引擎生成，並由編輯審閲。
譯文內容由第三人軟體翻譯。