ColowideLtd Balance Sheet Health
Financial Health criteria checks 2/6
ColowideLtd has a total shareholder equity of ¥54.1B and total debt of ¥126.5B, which brings its debt-to-equity ratio to 233.7%. Its total assets and total liabilities are ¥265.1B and ¥211.0B respectively. ColowideLtd's EBIT is ¥9.8B making its interest coverage ratio 15.8. It has cash and short-term investments of ¥46.8B.
Key information
233.7%
Debt to equity ratio
JP¥126.52b
Debt
| Interest coverage ratio | 15.8x |
| Cash | JP¥46.85b |
| Equity | JP¥54.14b |
| Total liabilities | JP¥210.98b |
| Total assets | JP¥265.12b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7616's short term assets (¥67.3B) do not cover its short term liabilities (¥94.8B).
Long Term Liabilities: 7616's short term assets (¥67.3B) do not cover its long term liabilities (¥116.2B).
Debt to Equity History and Analysis
Debt Level: 7616's net debt to equity ratio (147.2%) is considered high.
Reducing Debt: 7616's debt to equity ratio has increased from 215.5% to 233.7% over the past 5 years.
Debt Coverage: 7616's debt is well covered by operating cash flow (23.6%).
Interest Coverage: 7616's interest payments on its debt are well covered by EBIT (15.8x coverage).