CRESTEC Balance Sheet Health
Financial Health criteria checks 6/6
CRESTEC has a total shareholder equity of ¥7.9B and total debt of ¥7.1B, which brings its debt-to-equity ratio to 90.6%. Its total assets and total liabilities are ¥18.9B and ¥11.0B respectively. CRESTEC's EBIT is ¥1.4B making its interest coverage ratio 12. It has cash and short-term investments of ¥5.6B.
Key information
90.6%
Debt to equity ratio
JP¥7.12b
Debt
Interest coverage ratio | 12x |
Cash | JP¥5.61b |
Equity | JP¥7.86b |
Total liabilities | JP¥10.99b |
Total assets | JP¥18.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7812's short term assets (¥11.2B) exceed its short term liabilities (¥6.7B).
Long Term Liabilities: 7812's short term assets (¥11.2B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 7812's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: 7812's debt to equity ratio has reduced from 143.3% to 90.6% over the past 5 years.
Debt Coverage: 7812's debt is well covered by operating cash flow (35.2%).
Interest Coverage: 7812's interest payments on its debt are well covered by EBIT (12x coverage).