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 |
Cash | JP¥3.30b |
Equity | JP¥37.45b |
Total liabilities | JP¥16.62b |
Total assets | JP¥54.07b |
Recent financial health updates
Recent updates
Carlit (TSE:4275) Is Increasing Its Dividend To ¥36.00
Nov 12Is Carlit (TSE:4275) A Risky Investment?
Sep 09Not Many Are Piling Into Carlit Co., Ltd. (TSE:4275) Stock Yet As It Plummets 25%
Aug 16After Leaping 25% Carlit Co., Ltd. (TSE:4275) Shares Are Not Flying Under The Radar
Jul 02We Like These Underlying Return On Capital Trends At Carlit Holdings (TSE:4275)
Jun 28Carlit Holdings (TSE:4275) Is Paying Out A Dividend Of ¥20.00
Mar 02Financial 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.