Forensic Analysis · Energy / Oil & Gas · as of Sep 12, 2026
Kosmos Energy Ltd. (KOS)
A forensic read on Kosmos Energy Ltd. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
-1.9
Distress distance
Clean
Earnings quality
5
Forensic signals
-2.5
P / E (ttm)
-132.4%
ROE
$1.8B
Market cap
0.00%
Dividend yield
-23.1%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern, valuation). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Kosmos Energy Ltd. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads -1.9, placing it in the Distress zone. 5 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-12.0%
FY2025
Return on invested capital.Return on invested capital is -12.0% in the latest fiscal year and slipping from 6% — below its ~8% cost of capital. If that gap persists through the cycle, incremental reinvestment reduces rather than creates value per share.
stopped
FY2023→FY2025
Shareholder returns — halted.Capital returns have STOPPED — $166,000 of buybacks + dividends in FY2023, but ~$0 in FY2025. A halt usually means the company is conserving cash.
suspended
FY2023→FY2025
Dividend — suspended.The dividend has been SUSPENDED — $166,000 paid in FY2023, then $0 in FY2025. A suspension is a major signal the board is conserving cash; the prior payment history doesn't offset it.
38d DSO
FY2024→FY2025
Receivables vs revenue.Days sales outstanding moved from 31 to 38 days FY2024→FY2025 (receivables -37% vs revenue -23%). Receivables are creeping up relative to sales. Across FY2021–FY2025 the day count ran 24 → 16 → 20 → 31 → 38 days — the latest step continues a climb that was already under way, which is the persistence that separates a collection problem from a busy quarter.
+0.2%/yr
FY2022–FY2025
Share count.Diluted share count changed +1% over the last 3 years to FY2025 (+0.2%/yr). Roughly flat — the count is neither shrinking nor growing meaningfully. Per-share value isn't being meaningfully helped or hurt by the count.
Key fundamentals
Latest Revenue$1.29B
Revenue Growth YoY-23.1%
Net Margin-54.3%
Return on Equity-132.4%
Debt / Equity5.78x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Kosmos Energy Ltd.'s actual 10-K/10-Q/8-K filings?