Central Sports Balance Sheet Health
Financial Health criteria checks 6/6
Central Sports has a total shareholder equity of ¥24.9B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ¥41.4B and ¥16.6B respectively. Central Sports's EBIT is ¥2.7B making its interest coverage ratio 5.2. It has cash and short-term investments of ¥7.6B.
Key information
10.0%
Debt to equity ratio
JP¥2.49b
Debt
Interest coverage ratio | 5.2x |
Cash | JP¥7.58b |
Equity | JP¥24.86b |
Total liabilities | JP¥16.58b |
Total assets | JP¥41.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4801's short term assets (¥10.3B) exceed its short term liabilities (¥9.6B).
Long Term Liabilities: 4801's short term assets (¥10.3B) exceed its long term liabilities (¥7.0B).
Debt to Equity History and Analysis
Debt Level: 4801 has more cash than its total debt.
Reducing Debt: 4801's debt to equity ratio has reduced from 16.4% to 10% over the past 5 years.
Debt Coverage: 4801's debt is well covered by operating cash flow (112%).
Interest Coverage: 4801's interest payments on its debt are well covered by EBIT (5.2x coverage).