Charm Care Balance Sheet Health
Financial Health criteria checks 4/6
Charm Care has a total shareholder equity of ¥16.3B and total debt of ¥16.7B, which brings its debt-to-equity ratio to 102.4%. Its total assets and total liabilities are ¥49.5B and ¥33.3B respectively. Charm Care's EBIT is ¥5.3B making its interest coverage ratio 104.1. It has cash and short-term investments of ¥8.1B.
Key information
102.4%
Debt to equity ratio
JP¥16.68b
Debt
Interest coverage ratio | 104.1x |
Cash | JP¥8.14b |
Equity | JP¥16.30b |
Total liabilities | JP¥33.25b |
Total assets | JP¥49.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6062's short term assets (¥25.0B) exceed its short term liabilities (¥24.4B).
Long Term Liabilities: 6062's short term assets (¥25.0B) exceed its long term liabilities (¥8.9B).
Debt to Equity History and Analysis
Debt Level: 6062's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: Insufficient data to determine if 6062's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6062's debt is well covered by operating cash flow (32%).
Interest Coverage: 6062's interest payments on its debt are well covered by EBIT (104.1x coverage).