Chugai Ro Balance Sheet Health
Financial Health criteria checks 4/6
Chugai Ro has a total shareholder equity of ¥27.8B and total debt of ¥7.3B, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are ¥48.9B and ¥21.1B respectively. Chugai Ro's EBIT is ¥1.5B making its interest coverage ratio -8.5. It has cash and short-term investments of ¥10.1B.
Key information
26.2%
Debt to equity ratio
JP¥7.29b
Debt
| Interest coverage ratio | -8.5x |
| Cash | JP¥10.06b |
| Equity | JP¥27.77b |
| Total liabilities | JP¥21.10b |
| Total assets | JP¥48.86b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1964's short term assets (¥34.3B) exceed its short term liabilities (¥17.5B).
Long Term Liabilities: 1964's short term assets (¥34.3B) exceed its long term liabilities (¥3.6B).
Debt to Equity History and Analysis
Debt Level: 1964 has more cash than its total debt.
Reducing Debt: 1964's debt to equity ratio has increased from 23.8% to 26.2% over the past 5 years.
Debt Coverage: 1964's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1964 earns more interest than it pays, so coverage of interest payments is not a concern.