Chugai Mining Balance Sheet Health
Financial Health criteria checks 5/6
Chugai Mining has a total shareholder equity of ¥7.1B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are ¥12.1B and ¥5.0B respectively. Chugai Mining's EBIT is ¥364.0M making its interest coverage ratio 24.3. It has cash and short-term investments of ¥3.3B.
Key information
28.9%
Debt to equity ratio
JP¥2.05b
Debt
Interest coverage ratio | 24.3x |
Cash | JP¥3.28b |
Equity | JP¥7.11b |
Total liabilities | JP¥5.03b |
Total assets | JP¥12.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1491's short term assets (¥9.1B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 1491's short term assets (¥9.1B) exceed its long term liabilities (¥962.0M).
Debt to Equity History and Analysis
Debt Level: 1491 has more cash than its total debt.
Reducing Debt: 1491's debt to equity ratio has increased from 9.3% to 28.9% over the past 5 years.
Debt Coverage: 1491's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 1491's interest payments on its debt are well covered by EBIT (24.3x coverage).