Central Sports Balance Sheet Health
Financial Health criteria checks 6/6
Central Sports has a total shareholder equity of ¥24.8B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ¥41.6B and ¥16.8B respectively. Central Sports's EBIT is ¥2.7B making its interest coverage ratio 5.2. It has cash and short-term investments of ¥7.4B.
Key information
8.2%
Debt to equity ratio
JP¥2.03b
Debt
Interest coverage ratio | 5.2x |
Cash | JP¥7.40b |
Equity | JP¥24.82b |
Total liabilities | JP¥16.81b |
Total assets | JP¥41.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4801's short term assets (¥10.5B) exceed its short term liabilities (¥10.2B).
Long Term Liabilities: 4801's short term assets (¥10.5B) exceed its long term liabilities (¥6.6B).
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 12.4% to 8.2% over the past 5 years.
Debt Coverage: 4801's debt is well covered by operating cash flow (154.1%).
Interest Coverage: 4801's interest payments on its debt are well covered by EBIT (5.2x coverage).