CE HoldingsLtd Balance Sheet Health
Financial Health criteria checks 5/6
CE HoldingsLtd has a total shareholder equity of ¥6.4B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are ¥10.3B and ¥3.9B respectively. CE HoldingsLtd's EBIT is ¥1.3B making its interest coverage ratio 423.7. It has cash and short-term investments of ¥2.0B.
Key information
23.9%
Debt to equity ratio
JP¥1.52b
Debt
Interest coverage ratio | 423.7x |
Cash | JP¥1.99b |
Equity | JP¥6.37b |
Total liabilities | JP¥3.91b |
Total assets | JP¥10.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4320's short term assets (¥6.1B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 4320's short term assets (¥6.1B) exceed its long term liabilities (¥937.0M).
Debt to Equity History and Analysis
Debt Level: 4320 has more cash than its total debt.
Reducing Debt: 4320's debt to equity ratio has increased from 17.8% to 23.9% over the past 5 years.
Debt Coverage: 4320's debt is well covered by operating cash flow (52.3%).
Interest Coverage: 4320's interest payments on its debt are well covered by EBIT (423.7x coverage).