CLIP Balance Sheet Health
Financial Health criteria checks 6/6
CLIP has a total shareholder equity of ¥5.0B and total debt of ¥212.0M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ¥5.8B and ¥789.0M respectively. CLIP's EBIT is ¥96.0M making its interest coverage ratio -8.7. It has cash and short-term investments of ¥3.2B.
Key information
4.3%
Debt to equity ratio
JP¥212.00m
Debt
| Interest coverage ratio | -8.7x |
| Cash | JP¥3.17b |
| Equity | JP¥4.96b |
| Total liabilities | JP¥789.00m |
| Total assets | JP¥5.75b |
Recent financial health updates
CLIP (TYO:4705) Seems To Use Debt Rather Sparingly
Mar 22
Is CLIP (TYO:4705) Using Too Much Debt?
Dec 19Recent updates
These Return Metrics Don't Make CLIP (TYO:4705) Look Too Strong
Apr 19CLIP (TYO:4705) Seems To Use Debt Rather Sparingly
Mar 22Is CLIP Corporation (TYO:4705) A Good Dividend Stock?
Feb 21What CLIP's (TYO:4705) Returns On Capital Can Tell Us
Jan 14
Is CLIP (TYO:4705) Using Too Much Debt?
Dec 19Should You Buy CLIP Corporation (TYO:4705) For Its 5.4% Dividend?
Nov 22Financial Position Analysis
Short Term Liabilities: 4705's short term assets (¥3.7B) exceed its short term liabilities (¥592.0M).
Long Term Liabilities: 4705's short term assets (¥3.7B) exceed its long term liabilities (¥197.0M).
Debt to Equity History and Analysis
Debt Level: 4705 has more cash than its total debt.
Reducing Debt: 4705's debt to equity ratio has reduced from 5.7% to 4.3% over the past 5 years.
Debt Coverage: 4705's debt is well covered by operating cash flow (37.3%).
Interest Coverage: 4705 earns more interest than it pays, so coverage of interest payments is not a concern.