Carlit Balance Sheet Health
Financial Health criteria checks 6/6
Carlit has a total shareholder equity of ¥36.8B and total debt of ¥1.0B, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ¥55.1B and ¥18.4B respectively. Carlit's EBIT is ¥3.4B making its interest coverage ratio -17.1. It has cash and short-term investments of ¥2.9B.
Key information
2.8%
Debt to equity ratio
JP¥1.03b
Debt
Interest coverage ratio | -17.1x |
Cash | JP¥2.92b |
Equity | JP¥36.78b |
Total liabilities | JP¥18.37b |
Total assets | JP¥55.15b |
Financial Position Analysis
Short Term Liabilities: 4275's short term assets (¥23.5B) exceed its short term liabilities (¥11.1B).
Long Term Liabilities: 4275's short term assets (¥23.5B) exceed its long term liabilities (¥7.2B).
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 33.2% to 2.8% over the past 5 years.
Debt Coverage: 4275's debt is well covered by operating cash flow (209.4%).
Interest Coverage: 4275 earns more interest than it pays, so coverage of interest payments is not a concern.