CANDEALLtd Balance Sheet Health
Financial Health criteria checks 6/6
CANDEALLtd has a total shareholder equity of ¥2.8B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are ¥6.2B and ¥3.4B respectively. CANDEALLtd's EBIT is ¥358.0M making its interest coverage ratio 32.5. It has cash and short-term investments of ¥1.7B.
Key information
62.1%
Debt to equity ratio
JP¥1.73b
Debt
| Interest coverage ratio | 32.5x |
| Cash | JP¥1.70b |
| Equity | JP¥2.78b |
| Total liabilities | JP¥3.39b |
| Total assets | JP¥6.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1446's short term assets (¥3.7B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 1446's short term assets (¥3.7B) exceed its long term liabilities (¥470.0M).
Debt to Equity History and Analysis
Debt Level: 1446's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 1446's debt to equity ratio has reduced from 73.9% to 62.1% over the past 5 years.
Debt Coverage: 1446's debt is well covered by operating cash flow (26.6%).
Interest Coverage: 1446's interest payments on its debt are well covered by EBIT (32.5x coverage).