Carlit Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Carlit Holdings has a total shareholder equity of ¥35.8B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥53.6B and ¥17.8B respectively. Carlit Holdings's EBIT is ¥3.3B making its interest coverage ratio -17.1. It has cash and short-term investments of ¥2.6B.
Key information
3.3%
Debt to equity ratio
JP¥1.18b
Debt
Interest coverage ratio | -17.1x |
Cash | JP¥2.60b |
Equity | JP¥35.84b |
Total liabilities | JP¥17.78b |
Total assets | JP¥53.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4275's short term assets (¥22.7B) exceed its short term liabilities (¥10.4B).
Long Term Liabilities: 4275's short term assets (¥22.7B) exceed its long term liabilities (¥7.4B).
Debt to Equity History and Analysis
Debt Level: 4275 has more cash than its total debt.
Reducing Debt: 4275's debt to equity ratio has reduced from 34.6% to 3.3% over the past 5 years.
Debt Coverage: 4275's debt is well covered by operating cash flow (201.4%).
Interest Coverage: 4275 earns more interest than it pays, so coverage of interest payments is not a concern.