Chuo Malleable Iron Balance Sheet Health
Financial Health criteria checks 6/6
Chuo Malleable Iron has a total shareholder equity of ¥28.9B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are ¥42.6B and ¥13.7B respectively. Chuo Malleable Iron's EBIT is ¥241.0M making its interest coverage ratio -3.4. It has cash and short-term investments of ¥5.0B.
Key information
8.6%
Debt to equity ratio
JP¥2.48b
Debt
| Interest coverage ratio | -3.4x |
| Cash | JP¥4.99b |
| Equity | JP¥28.85b |
| Total liabilities | JP¥13.75b |
| Total assets | JP¥42.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5607's short term assets (¥14.8B) exceed its short term liabilities (¥8.6B).
Long Term Liabilities: 5607's short term assets (¥14.8B) exceed its long term liabilities (¥5.1B).
Debt to Equity History and Analysis
Debt Level: 5607 has more cash than its total debt.
Reducing Debt: 5607's debt to equity ratio has reduced from 31.6% to 8.6% over the past 5 years.
Debt Coverage: 5607's debt is well covered by operating cash flow (143.3%).
Interest Coverage: 5607 earns more interest than it pays, so coverage of interest payments is not a concern.