Chubu Shiryo Balance Sheet Health
Financial Health criteria checks 5/6
Chubu Shiryo has a total shareholder equity of ¥66.1B and total debt of ¥8.1B, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are ¥98.4B and ¥32.3B respectively. Chubu Shiryo's EBIT is ¥5.5B making its interest coverage ratio -28.9. It has cash and short-term investments of ¥8.8B.
Key information
12.3%
Debt to equity ratio
JP¥8.11b
Debt
| Interest coverage ratio | -28.9x |
| Cash | JP¥8.79b |
| Equity | JP¥66.14b |
| Total liabilities | JP¥32.28b |
| Total assets | JP¥98.42b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2053's short term assets (¥63.5B) exceed its short term liabilities (¥22.4B).
Long Term Liabilities: 2053's short term assets (¥63.5B) exceed its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: 2053 has more cash than its total debt.
Reducing Debt: 2053's debt to equity ratio has increased from 11.4% to 12.3% over the past 5 years.
Debt Coverage: 2053's debt is well covered by operating cash flow (191.9%).
Interest Coverage: 2053 earns more interest than it pays, so coverage of interest payments is not a concern.