ChugokukogyoLtd Balance Sheet Health
Financial Health criteria checks 5/6
ChugokukogyoLtd has a total shareholder equity of ¥5.2B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are ¥12.9B and ¥7.7B respectively. ChugokukogyoLtd's EBIT is ¥95.0M making its interest coverage ratio -1.9. It has cash and short-term investments of ¥642.0M.
Key information
41.8%
Debt to equity ratio
JP¥2.18b
Debt
Interest coverage ratio | -1.9x |
Cash | JP¥642.00m |
Equity | JP¥5.21b |
Total liabilities | JP¥7.69b |
Total assets | JP¥12.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5974's short term assets (¥6.9B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 5974's short term assets (¥6.9B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 5974's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: 5974's debt to equity ratio has reduced from 45.2% to 41.8% over the past 5 years.
Debt Coverage: 5974's debt is not well covered by operating cash flow (7%).
Interest Coverage: 5974 earns more interest than it pays, so coverage of interest payments is not a concern.