Cawachi Balance Sheet Health
Financial Health criteria checks 6/6
Cawachi has a total shareholder equity of ¥111.3B and total debt of ¥16.7B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ¥196.1B and ¥84.8B respectively. Cawachi's EBIT is ¥7.5B making its interest coverage ratio 580.5. It has cash and short-term investments of ¥35.6B.
Key information
15.0%
Debt to equity ratio
JP¥16.73b
Debt
Interest coverage ratio | 580.5x |
Cash | JP¥35.62b |
Equity | JP¥111.29b |
Total liabilities | JP¥84.83b |
Total assets | JP¥196.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2664's short term assets (¥86.0B) exceed its short term liabilities (¥61.7B).
Long Term Liabilities: 2664's short term assets (¥86.0B) exceed its long term liabilities (¥23.2B).
Debt to Equity History and Analysis
Debt Level: 2664 has more cash than its total debt.
Reducing Debt: 2664's debt to equity ratio has reduced from 33.5% to 15% over the past 5 years.
Debt Coverage: 2664's debt is well covered by operating cash flow (38.3%).
Interest Coverage: 2664's interest payments on its debt are well covered by EBIT (580.5x coverage).