C.E.Management Integrated LaboratoryLtd Balance Sheet Health
Financial Health criteria checks 5/6
C.E.Management Integrated LaboratoryLtd has a total shareholder equity of ¥4.6B and total debt of ¥711.0M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are ¥6.9B and ¥2.2B respectively. C.E.Management Integrated LaboratoryLtd's EBIT is ¥474.0M making its interest coverage ratio -67.7. It has cash and short-term investments of ¥2.1B.
Key information
15.4%
Debt to equity ratio
JP¥711.00m
Debt
Interest coverage ratio | -67.7x |
Cash | JP¥2.14b |
Equity | JP¥4.63b |
Total liabilities | JP¥2.23b |
Total assets | JP¥6.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6171's short term assets (¥3.8B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 6171's short term assets (¥3.8B) exceed its long term liabilities (¥978.0M).
Debt to Equity History and Analysis
Debt Level: 6171 has more cash than its total debt.
Reducing Debt: 6171's debt to equity ratio has increased from 0% to 15.4% over the past 5 years.
Debt Coverage: 6171's debt is well covered by operating cash flow (133.9%).
Interest Coverage: 6171 earns more interest than it pays, so coverage of interest payments is not a concern.