ColowideLtd Balance Sheet Health
Financial Health criteria checks 3/6
ColowideLtd has a total shareholder equity of ¥54.8B and total debt of ¥130.0B, which brings its debt-to-equity ratio to 237.2%. Its total assets and total liabilities are ¥277.8B and ¥223.0B respectively. ColowideLtd's EBIT is ¥8.5B making its interest coverage ratio 3.2. It has cash and short-term investments of ¥38.9B.
Key information
237.2%
Debt to equity ratio
JP¥130.04b
Debt
| Interest coverage ratio | 3.2x |
| Cash | JP¥38.88b |
| Equity | JP¥54.81b |
| Total liabilities | JP¥222.98b |
| Total assets | JP¥277.79b |
Recent financial health updates
Recent updates
Why We're Not Concerned About Colowide Co.,Ltd.'s (TSE:7616) Share Price
Aug 13
ColowideLtd's (TSE:7616) Solid Earnings Are Supported By Other Strong Factors
May 21Does ColowideLtd (TSE:7616) Have A Healthy Balance Sheet?
May 11Colowide Co.,Ltd. (TSE:7616) Investors Are Less Pessimistic Than Expected
Mar 26Financial Position Analysis
Short Term Liabilities: 7616's short term assets (¥60.5B) do not cover its short term liabilities (¥104.2B).
Long Term Liabilities: 7616's short term assets (¥60.5B) do not cover its long term liabilities (¥118.7B).
Debt to Equity History and Analysis
Debt Level: 7616's net debt to equity ratio (166.3%) is considered high.
Reducing Debt: 7616's debt to equity ratio has reduced from 242% to 237.2% over the past 5 years.
Debt Coverage: 7616's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 7616's interest payments on its debt are well covered by EBIT (3.2x coverage).