CVS Bay Area Balance Sheet Health
Financial Health criteria checks 2/6
CVS Bay Area has a total shareholder equity of ¥4.1B and total debt of ¥5.2B, which brings its debt-to-equity ratio to 127.1%. Its total assets and total liabilities are ¥11.0B and ¥6.9B respectively. CVS Bay Area's EBIT is ¥487.0M making its interest coverage ratio 13.5. It has cash and short-term investments of ¥2.4B.
Key information
127.1%
Debt to equity ratio
JP¥5.24b
Debt
| Interest coverage ratio | 13.5x |
| Cash | JP¥2.45b |
| Equity | JP¥4.12b |
| Total liabilities | JP¥6.92b |
| Total assets | JP¥11.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2687's short term assets (¥3.3B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 2687's short term assets (¥3.3B) do not cover its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 2687's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: 2687's debt to equity ratio has increased from 58.8% to 127.1% over the past 5 years.
Debt Coverage: 2687's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 2687's interest payments on its debt are well covered by EBIT (13.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:21 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CVS Bay Area Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hisaki Hatori | Mizuho Securities Co., Ltd. |