Chugai Ro Balance Sheet Health
Financial Health criteria checks 5/6
Chugai Ro has a total shareholder equity of ¥26.4B and total debt of ¥7.2B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ¥45.2B and ¥18.8B respectively. Chugai Ro's EBIT is ¥1.8B making its interest coverage ratio -10.7. It has cash and short-term investments of ¥5.6B.
Key information
27.2%
Debt to equity ratio
JP¥7.18b
Debt
| Interest coverage ratio | -10.7x |
| Cash | JP¥5.57b |
| Equity | JP¥26.37b |
| Total liabilities | JP¥18.80b |
| Total assets | JP¥45.17b |
Recent financial health updates
Recent updates
We Think That There Are More Issues For Chugai Ro (TSE:1964) Than Just Sluggish Earnings
Nov 07
Positive Sentiment Still Eludes Chugai Ro Co., Ltd. (TSE:1964) Following 31% Share Price Slump
Aug 05Slowing Rates Of Return At Chugai Ro (TSE:1964) Leave Little Room For Excitement
Jul 24Chugai Ro (TSE:1964) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 07Is Chugai Ro (TSE:1964) A Risky Investment?
Apr 30Chugai Ro (TSE:1964) Will Want To Turn Around Its Return Trends
Apr 03Financial Position Analysis
Short Term Liabilities: 1964's short term assets (¥31.9B) exceed its short term liabilities (¥13.8B).
Long Term Liabilities: 1964's short term assets (¥31.9B) exceed its long term liabilities (¥5.1B).
Debt to Equity History and Analysis
Debt Level: 1964's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 1964's debt to equity ratio has reduced from 53.6% to 27.2% 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.