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Cosmos Group Holdings (Cosmos Group Holdings) Financial Strength

: 0 (As of Sep. 2023)
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Cosmos Group Holdings has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Cosmos Group Holdings's interest coverage with the available data. Cosmos Group Holdings's debt to revenue ratio for the quarter that ended in Sep. 2023 was 3,272.50. Altman Z-Score does not apply to banks and insurance companies.


Cosmos Group Holdings Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Cosmos Group Holdings's Interest Expense for the months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the months ended in Sep. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $39.05 Mil.

Cosmos Group Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Cosmos Group Holdings's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.216 + 39.054) / 0.012
=3,272.50

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cosmos Group Holdings  (OTCPK:COSG) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Cosmos Group Holdings has the Financial Strength Rank of 0.


Cosmos Group Holdings Financial Strength Related Terms

Thank you for viewing the detailed overview of Cosmos Group Holdings's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Cosmos Group Holdings (Cosmos Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
50 Raffles Place, 37th Floor, Singapore Land Tower, Wanchai, Singapore, SGP, 048623
Cosmos Group Holdings Inc is an investment holding company. The company's segment includes Lending and Arts and Collectibles Technology (ACT). It generates maximum revenue from the Arts and Collectibles Technology segment. The Lending Segment mainly provides financing and lending services. Arts and Collectibles Technology (ACT) Segment, mainly operates an online platform to sell and distribute the arts and collectibles to end-users, with the use of blockchain technologies and minting tokens. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Lee Ying Chiu Herbert director 15/F., SIU ON CENTRE, 188 LOCKHART ROAD, WANCHAI K3 0000
Man Chung Chan director, 10 percent owner, officer: CEO, CFO and Secretary ROOM 2404, KING YAN HOUSE, KING NGA COURT, TAIPO K3 00000
Soo Tee Tan director LEVEL 7, K11 ATELIER VICTORIA DOCKSIDE, 18 SALISBURY ROAD, TSIM SHA TSUI K3 00000
Koon Wing Cheung 10 percent owner ROOMS 1309-11, 13TH FLOOR, TAI YAU BLDG., NO. 181 JOHNSTON ROAD, WANCHAI K3 00000
Yip Tze Wai Albert other: Chief Financial Officer ROOM 10, 22/F., BLOCK G (F9-16), KORNHILL, QUARRY BAY K3 999077
Wan Miky Y.c. director, officer: President, Interim CFO ROOMS 1309-11, 13TH FLOOR, TAI YAU BLDG., NO. 181 JOHNSTON ROAD, WANCHAI K3 00000
So Wing Lok Jonathan officer: Chief Strategy Officer HOUSE 1, REGENTS PARK, 326 KUNG UM ROAD, YUEN LONG, NEW TERRITORIES K3 999077
Kai Chi Wong officer: Chief Operating Officer FLAT D, 21/F, TOWER 6, THE WINGS, 9 TONG YIN STREET, TSEUNG KWAN O, NEW TERRITORIES K3 00000
Chio Meng Leung director ROOMS 1705-6, 17TH FL., TAI YAU BLDG, #181, JOHNSTON ROAD, WANCHAI K3 00000
Ho Kwai Yau Tony director ROOMS 1309-11, 13TH FLOOR, TAI YAU BLDG., NO. 181 JOHNSTON ROAD, KUALA LUMPUR N8 00000
Huan Ting Peng officer: Chief Operation Officer ROOMS 1309-11, 13TH FLOOR, TAI YAU BLDG., NO. 181 JOHNSTON ROAD, KUALA LUMPUR N8 00000
Kwok Connie Y.m. director, officer: Secretary ROOMS 1309-11, 13TH FLOOR, TAI YAU BLDG., NO. 181 JOHNSTON ROAD, WANCHAI K3 00000
Weiming Chen director ROOMS 1309-11, 13TH FLOOR, TAI YAU BLDG., NO. 181 JOHNSTON ROAD, WANCHAI K3 00000
Zhigang Liao director ROOMS 1309-11, 13TH FLOOR, TAI YAU BLDG., NO. 181 JOHNSTON ROAD, WANCHAI K3 00000
Yongwei Hu director, officer: Chief Operation Officer ROOMS 1309-11, 13TH FLOOR, TAI YAU BLDG., NO. 181 JOHNSTON ROAD, WANCHAI K3 00000