Chubu-Nippon Broadcasting Balance Sheet Health
Financial Health criteria checks 5/6
Chubu-Nippon Broadcasting has a total shareholder equity of ¥65.0B and total debt of ¥40.0M, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are ¥80.1B and ¥15.1B respectively. Chubu-Nippon Broadcasting's EBIT is ¥1.2B making its interest coverage ratio -1.8. It has cash and short-term investments of ¥12.6B.
Key information
0.06%
Debt to equity ratio
JP¥40.00m
Debt
Interest coverage ratio | -1.8x |
Cash | JP¥12.61b |
Equity | JP¥65.05b |
Total liabilities | JP¥15.05b |
Total assets | JP¥80.10b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9402's short term assets (¥22.3B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 9402's short term assets (¥22.3B) exceed its long term liabilities (¥10.0B).
Debt to Equity History and Analysis
Debt Level: 9402 has more cash than its total debt.
Reducing Debt: 9402's debt to equity ratio has increased from 0% to 0.06% over the past 5 years.
Debt Coverage: 9402's debt is well covered by operating cash flow (10332.5%).
Interest Coverage: 9402 earns more interest than it pays, so coverage of interest payments is not a concern.