Chuo Malleable Iron Balance Sheet Health
Financial Health criteria checks 6/6
Chuo Malleable Iron has a total shareholder equity of ¥26.9B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are ¥40.5B and ¥13.7B respectively. Chuo Malleable Iron's EBIT is ¥584.0M making its interest coverage ratio -10.4. It has cash and short-term investments of ¥4.4B.
Key information
11.4%
Debt to equity ratio
JP¥3.06b
Debt
Interest coverage ratio | -10.4x |
Cash | JP¥4.38b |
Equity | JP¥26.85b |
Total liabilities | JP¥13.69b |
Total assets | JP¥40.54b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 5607's short term assets (¥14.4B) exceed its short term liabilities (¥8.3B).
Long Term Liabilities: 5607's short term assets (¥14.4B) exceed its long term liabilities (¥5.4B).
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 28.3% to 11.4% over the past 5 years.
Debt Coverage: 5607's debt is well covered by operating cash flow (115.2%).
Interest Coverage: 5607 earns more interest than it pays, so coverage of interest payments is not a concern.