Chugai Mining Balance Sheet Health
Financial Health criteria checks 5/6
Chugai Mining has a total shareholder equity of ¥7.9B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are ¥13.6B and ¥5.7B respectively. Chugai Mining's EBIT is ¥800.0M making its interest coverage ratio 47.1. It has cash and short-term investments of ¥3.4B.
Key information
25.2%
Debt to equity ratio
JP¥2.00b
Debt
| Interest coverage ratio | 47.1x |
| Cash | JP¥3.43b |
| Equity | JP¥7.92b |
| Total liabilities | JP¥5.70b |
| Total assets | JP¥13.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1491's short term assets (¥10.4B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 1491's short term assets (¥10.4B) exceed its long term liabilities (¥942.0M).
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 13.8% to 25.2% over the past 5 years.
Debt Coverage: 1491's debt is well covered by operating cash flow (48.6%).
Interest Coverage: 1491's interest payments on its debt are well covered by EBIT (47.1x coverage).