CVS Bay Area Balance Sheet Health
Financial Health criteria checks 1/6
CVS Bay Area has a total shareholder equity of ¥3.4B and total debt of ¥5.3B, which brings its debt-to-equity ratio to 158.4%. Its total assets and total liabilities are ¥10.3B and ¥6.9B respectively. CVS Bay Area's EBIT is ¥486.0M making its interest coverage ratio 16.8. It has cash and short-term investments of ¥1.9B.
Key information
158.4%
Debt to equity ratio
JP¥5.32b
Debt
| Interest coverage ratio | 16.8x |
| Cash | JP¥1.89b |
| Equity | JP¥3.36b |
| Total liabilities | JP¥6.92b |
| Total assets | JP¥10.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2687's short term assets (¥2.7B) do not cover its short term liabilities (¥3.0B).
Long Term Liabilities: 2687's short term assets (¥2.7B) do not cover its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 2687's net debt to equity ratio (102.2%) is considered high.
Reducing Debt: 2687's debt to equity ratio has increased from 53.7% to 158.4% over the past 5 years.
Debt Coverage: 2687's debt is not well covered by operating cash flow (9%).
Interest Coverage: 2687's interest payments on its debt are well covered by EBIT (16.8x coverage).