CLIP Balance Sheet Health
Financial Health criteria checks 6/6
CLIP has a total shareholder equity of ¥4.8B and total debt of ¥207.0M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ¥5.6B and ¥858.0M respectively. CLIP's EBIT is ¥10.0M making its interest coverage ratio -0.9. It has cash and short-term investments of ¥2.8B.
Key information
4.3%
Debt to equity ratio
JP¥207.00m
Debt
| Interest coverage ratio | -0.9x |
| Cash | JP¥2.82b |
| Equity | JP¥4.78b |
| Total liabilities | JP¥858.00m |
| Total assets | JP¥5.64b |
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 (¥3.4B) exceed its short term liabilities (¥671.0M).
Long Term Liabilities: 4705's short term assets (¥3.4B) exceed its long term liabilities (¥187.0M).
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 5.8% to 4.3% over the past 5 years.
Debt Coverage: 4705's debt is well covered by operating cash flow (96.1%).
Interest Coverage: 4705 earns more interest than it pays, so coverage of interest payments is not a concern.