Chikaranomoto HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Chikaranomoto HoldingsLtd has a total shareholder equity of ¥9.3B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are ¥17.2B and ¥8.0B respectively. Chikaranomoto HoldingsLtd's EBIT is ¥3.2B making its interest coverage ratio 106.8. It has cash and short-term investments of ¥5.9B.
Key information
29.3%
Debt to equity ratio
JP¥2.71b
Debt
Interest coverage ratio | 106.8x |
Cash | JP¥5.92b |
Equity | JP¥9.27b |
Total liabilities | JP¥7.96b |
Total assets | JP¥17.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3561's short term assets (¥8.6B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 3561's short term assets (¥8.6B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 3561 has more cash than its total debt.
Reducing Debt: 3561's debt to equity ratio has reduced from 152.2% to 29.3% over the past 5 years.
Debt Coverage: 3561's debt is well covered by operating cash flow (145.1%).
Interest Coverage: 3561's interest payments on its debt are well covered by EBIT (106.8x coverage).