CVS Bay Area Balance Sheet Health
Financial Health criteria checks 1/6
CVS Bay Area has a total shareholder equity of ¥3.5B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 164.7%. Its total assets and total liabilities are ¥10.9B and ¥7.4B respectively. CVS Bay Area's EBIT is ¥509.0M making its interest coverage ratio 15.9. It has cash and short-term investments of ¥2.1B.
Key information
164.7%
Debt to equity ratio
JP¥5.71b
Debt
| Interest coverage ratio | 15.9x |
| Cash | JP¥2.09b |
| Equity | JP¥3.47b |
| Total liabilities | JP¥7.42b |
| Total assets | JP¥10.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2687's short term assets (¥3.0B) do not cover its short term liabilities (¥3.1B).
Long Term Liabilities: 2687's short term assets (¥3.0B) do not cover its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 2687's net debt to equity ratio (104.2%) is considered high.
Reducing Debt: 2687's debt to equity ratio has increased from 58% to 164.7% over the past 5 years.
Debt Coverage: 2687's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 2687's interest payments on its debt are well covered by EBIT (15.9x coverage).