Log in
FREE 15-Day Trial
Intelligent Investor
Intelligent Investor
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Shares
  5. Cochlear Limited (COH)
  6. Company Financials

Cochlear Limited (ASX: COH) - Financials

Current share price for COH : $316.290 0.88 (0.28%)

Cochlear Limited (COH) is a manufacturer and distributor of cochlear implantable devices for hearing impaired. Cochlear have operations in over 30 countries distributing its products in America, Asia Pacific and Europe.

Intelligent Investor free trial for buy hold sell stock recommendations

COH Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2023 $29.40 549.9 ¢ 463.1 ¢ 330 ¢ 54% $26.60 47.3 312.9% 16.9%
2022 $25.10 572.5 ¢ 418.6 ¢ 300 ¢ 2231% $25.60 52.9 319% -20%
2021 $22.80 412.7 ¢ 357.7 ¢ 255 ¢ 0% $25.90 58.6 496.6% 33.9%

COH Capital Structure

Total Debt Interest Long Term Debt Percent Debt Preferred Stock Share Equity Percent Equity
$201,800 $9,400.00 $162,600 9% $0.00 $1,748,800 91%
Note: All dollars in thousands ('000) for the table above

COH Historical Financials

2023 2022 2021
Revenue ($M) 1,936.1 1,648.3 1,497.6
Operating Margin (%) 24.5 27.9 27.3
Depreciation ($M) -62.5 -57.7 -56.9
Amortisation ($M) -18 -15 -23
Net Profit Before Abs ($M) 305.2 275.3 235.1
Net Profit After Abs ($M) 300.6 289.1 326.5
Income Tax Rate (%) 24.2 26.6 10.7
Net Profit Margin (%) 15.8 16.7 15.7
Employees ($T) 4.8 4.5 4
Long Term Debt ($M) 162.6 175.2 232.4
Shareholders Equity ($M) 1,748.8 1,685.7 1,701.7
Return on Capital (%) 16 15 13
Return on Equity (%) 17.4 16.3 13.8
Payout Ratio (%) 71 72 71

COH Cashflow

2023 2022 2021
Customer Receipts ($M) 1,860 1,612 1,436
Net Operating Cashflow ($M) 362.4 376.5 271.3
Net Investing Cashflow ($M) -126 -139 274
Net Financing Cashflow ($M) -310 -221 -495

COH Market & Earnings

2023 2022 2021
Market Cap ($M) 15,043 13,070 16,546
Net Gearing (%) -20.2 -22.3 -20.3
Net Interest Cover (%) -55.5 62.3 39.1
Dividend Yield (%) 1.4 1.5 1
NTA Per Share ($) 19.9 19.7 19.8
EBITDA ($M) 475 459.2 408.1
EBIT ($M) 394.1 386.2 328.6
EBT Before Abs ($M) 401.2 380 320.2

COH Balance Sheet

2023 2022 2021
Cash ($M) 555.5 629.3 609.6
Debtors ($M) 388.4 308.4 244.3
Other Debtors ($M) 49.1 40.1 52
Prepayments ($M) 33.3 28.7 21.2
Inventories ($M) 311.5 270.2 216.1
Current Investments ($M) 3.7 8.4 17.6
Other Current Assets ($M) 20 41.9 69.2
Total Current Assets ($M) 1,362 1,327 1,230
Receivables ($M) 0.9
Inventories ($M)
Property, Plant & Equipment ($M) 710.6 672.8 636.5
Accumulated Depreciation ($M) -263.4 -233.6 -208
Intangibles ex. Goodwill ($M) 188 135.4 135.5
Goodwill ($M) 256.1 257.1 267.3
Future Income Tax Benefit ($M) 125.3 116.1 146.8
Non-Current Investments ($M) 98.9 121.5 230.1
Other Non-Current Assets ($M) 90.8 68.8
Total Non-Current Assets ($M) 1,207 1,138 1,208
Total Assets ($M) 2,569 2,465 2,438
Accounts Payable ($M) 270.4 232.4 202.9
Provisions ($M) 206.8 161.8 124.9
Short Term Debt ($M) 39.2 78.7 31.9
Other Current Liabilities ($M) 61.6 54.7 42.8
Total Current Liabilities ($M) 578 527.6 402.5
Creditors ($M) 0.3 0.7
Long Term Debt ($M) 162.6 175.2 232.4
Provisions ($M) 69.5 68.5 96.9
Other Non-Current Liabilities ($M) 9.8 7.8 4
Total Non-Current Liabilities ($M) 241.9 251.8 334
Total Liabilities ($M) 819.9 779.4 736.5
Share Capital ($M) 1,250 1,277 1,277
Reserves ex. Share Premium ($M) -56.9 -46.2 57.9
Share Premium Reserve ($M)
Retained Profits ($M) 555.4 455.3 367.2
Other Shareholders Equity ($M)
Convertible Equity ($M)
Outside Equity Interest ($M)
Total Shareholders Equity ($M) 1,749 1,686 1,702

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.