Chubu Shiryo Balance Sheet Health
Financial Health criteria checks 6/6
Chubu Shiryo has a total shareholder equity of ¥65.8B and total debt of ¥7.3B, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ¥99.3B and ¥33.5B respectively. Chubu Shiryo's EBIT is ¥4.6B making its interest coverage ratio -25.1. It has cash and short-term investments of ¥4.5B.
Key information
11.0%
Debt to equity ratio
JP¥7.27b
Debt
| Interest coverage ratio | -25.1x |
| Cash | JP¥4.52b |
| Equity | JP¥65.83b |
| Total liabilities | JP¥33.46b |
| Total assets | JP¥99.29b |
Financial Position Analysis
Short Term Liabilities: 2053's short term assets (¥65.0B) exceed its short term liabilities (¥23.7B).
Long Term Liabilities: 2053's short term assets (¥65.0B) exceed its long term liabilities (¥9.8B).
Debt to Equity History and Analysis
Debt Level: 2053's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 2053's debt to equity ratio has reduced from 12.2% to 11% over the past 5 years.
Debt Coverage: 2053's debt is well covered by operating cash flow (142.7%).
Interest Coverage: 2053 earns more interest than it pays, so coverage of interest payments is not a concern.