Chubu Shiryo Balance Sheet Health
Financial Health criteria checks 5/6
Chubu Shiryo has a total shareholder equity of ¥63.0B and total debt of ¥11.3B, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are ¥105.6B and ¥42.5B respectively. Chubu Shiryo's EBIT is ¥1.5B making its interest coverage ratio -9.9. It has cash and short-term investments of ¥1.7B.
Key information
17.9%
Debt to equity ratio
JP¥11.28b
Debt
Interest coverage ratio | -9.9x |
Cash | JP¥1.67b |
Equity | JP¥63.05b |
Total liabilities | JP¥42.52b |
Total assets | JP¥105.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2053's short term assets (¥72.0B) exceed its short term liabilities (¥34.1B).
Long Term Liabilities: 2053's short term assets (¥72.0B) exceed its long term liabilities (¥8.4B).
Debt to Equity History and Analysis
Debt Level: 2053's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 2053's debt to equity ratio has increased from 12.5% to 17.9% over the past 5 years.
Debt Coverage: 2053's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 2053 earns more interest than it pays, so coverage of interest payments is not a concern.