Central Glass Balance Sheet Health
Financial Health criteria checks 6/6
Central Glass has a total shareholder equity of ¥121.5B and total debt of ¥46.2B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are ¥205.9B and ¥84.4B respectively. Central Glass's EBIT is ¥13.3B making its interest coverage ratio -14.9. It has cash and short-term investments of ¥24.3B.
Key information
38.0%
Debt to equity ratio
JP¥46.20b
Debt
| Interest coverage ratio | -14.9x |
| Cash | JP¥24.33b |
| Equity | JP¥121.50b |
| Total liabilities | JP¥84.40b |
| Total assets | JP¥205.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4044's short term assets (¥112.0B) exceed its short term liabilities (¥38.3B).
Long Term Liabilities: 4044's short term assets (¥112.0B) exceed its long term liabilities (¥46.1B).
Debt to Equity History and Analysis
Debt Level: 4044's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 4044's debt to equity ratio has reduced from 40.1% to 38% over the past 5 years.
Debt Coverage: 4044's debt is well covered by operating cash flow (55.9%).
Interest Coverage: 4044 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 16:46 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Central Glass Co., Ltd. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Makoto Kurosawa | CLSA |
| null null | Company Forecast |
| Jun Yamaguchi | Credit Suisse |