Casio ComputerLtd Balance Sheet Health
Financial Health criteria checks 6/6
Casio ComputerLtd has a total shareholder equity of ¥232.5B and total debt of ¥49.9B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ¥353.2B and ¥120.7B respectively. Casio ComputerLtd's EBIT is ¥14.4B making its interest coverage ratio -9.2. It has cash and short-term investments of ¥143.8B.
Key information
21.5%
Debt to equity ratio
JP¥49.93b
Debt
| Interest coverage ratio | -9.2x |
| Cash | JP¥143.82b |
| Equity | JP¥232.51b |
| Total liabilities | JP¥120.69b |
| Total assets | JP¥353.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAC1's short term assets (¥251.1B) exceed its short term liabilities (¥76.7B).
Long Term Liabilities: CAC1's short term assets (¥251.1B) exceed its long term liabilities (¥44.0B).
Debt to Equity History and Analysis
Debt Level: CAC1 has more cash than its total debt.
Reducing Debt: CAC1's debt to equity ratio has reduced from 33.9% to 21.5% over the past 5 years.
Debt Coverage: CAC1's debt is well covered by operating cash flow (61.1%).
Interest Coverage: CAC1 earns more interest than it pays, so coverage of interest payments is not a concern.