CRESTEC Balance Sheet Health
Financial Health criteria checks 6/6
CRESTEC has a total shareholder equity of ¥8.5B and total debt of ¥6.6B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are ¥18.9B and ¥10.4B respectively. CRESTEC's EBIT is ¥1.2B making its interest coverage ratio 10.5. It has cash and short-term investments of ¥5.5B.
Key information
77.0%
Debt to equity ratio
JP¥6.56b
Debt
| Interest coverage ratio | 10.5x |
| Cash | JP¥5.55b |
| Equity | JP¥8.52b |
| Total liabilities | JP¥10.38b |
| Total assets | JP¥18.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7812's short term assets (¥11.0B) exceed its short term liabilities (¥6.5B).
Long Term Liabilities: 7812's short term assets (¥11.0B) exceed its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 7812's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: 7812's debt to equity ratio has reduced from 133.8% to 77% over the past 5 years.
Debt Coverage: 7812's debt is well covered by operating cash flow (37.9%).
Interest Coverage: 7812's interest payments on its debt are well covered by EBIT (10.5x coverage).