Carlit Balance Sheet Health

Financial Health criteria checks 6/6

Carlit has a total shareholder equity of ¥37.4B and total debt of ¥771.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥54.1B and ¥16.6B respectively. Carlit's EBIT is ¥3.2B making its interest coverage ratio -15.8. It has cash and short-term investments of ¥3.3B.

Key information

2.1%

Debt to equity ratio

JP¥771.00m

Debt

Interest coverage ratio-15.8x
CashJP¥3.30b
EquityJP¥37.45b
Total liabilitiesJP¥16.62b
Total assetsJP¥54.07b

Recent financial health updates

Recent updates

Carlit (TSE:4275) Is Increasing Its Dividend To ¥36.00

Nov 12
Carlit (TSE:4275) Is Increasing Its Dividend To ¥36.00

Is Carlit (TSE:4275) A Risky Investment?

Sep 09
Is Carlit (TSE:4275) A Risky Investment?

Not Many Are Piling Into Carlit Co., Ltd. (TSE:4275) Stock Yet As It Plummets 25%

Aug 16
Not Many Are Piling Into Carlit Co., Ltd. (TSE:4275) Stock Yet As It Plummets 25%

After Leaping 25% Carlit Co., Ltd. (TSE:4275) Shares Are Not Flying Under The Radar

Jul 02
After Leaping 25% Carlit Co., Ltd. (TSE:4275) Shares Are Not Flying Under The Radar

We Like These Underlying Return On Capital Trends At Carlit Holdings (TSE:4275)

Jun 28
We Like These Underlying Return On Capital Trends At Carlit Holdings (TSE:4275)

Carlit Holdings (TSE:4275) Is Paying Out A Dividend Of ¥20.00

Mar 02
Carlit Holdings (TSE:4275) Is Paying Out A Dividend Of ¥20.00

Financial Position Analysis

Short Term Liabilities: 4275's short term assets (¥21.5B) exceed its short term liabilities (¥9.4B).

Long Term Liabilities: 4275's short term assets (¥21.5B) 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 30.7% to 2.1% over the past 5 years.

Debt Coverage: 4275's debt is well covered by operating cash flow (447.1%).

Interest Coverage: 4275 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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