Ceres Balance Sheet Health

Financial Health criteria checks 4/6

Ceres has a total shareholder equity of ¥11.2B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are ¥29.9B and ¥18.8B respectively. Ceres's EBIT is ¥1.8B making its interest coverage ratio 44. It has cash and short-term investments of ¥13.4B.

Key information

86.7%

Debt to equity ratio

JP¥9.68b

Debt

Interest coverage ratio44x
CashJP¥13.38b
EquityJP¥11.16b
Total liabilitiesJP¥18.76b
Total assetsJP¥29.93b

Recent financial health updates

No updates

Recent updates

Returns On Capital At Ceres (TSE:3696) Have Hit The Brakes

Nov 29
Returns On Capital At Ceres (TSE:3696) Have Hit The Brakes

Subdued Growth No Barrier To Ceres Inc. (TSE:3696) With Shares Advancing 51%

Nov 08
Subdued Growth No Barrier To Ceres Inc. (TSE:3696) With Shares Advancing 51%

Ceres (TSE:3696) Is Due To Pay A Dividend Of ¥20.00

Oct 11
Ceres (TSE:3696) Is Due To Pay A Dividend Of ¥20.00

With A 26% Price Drop For Ceres Inc. (TSE:3696) You'll Still Get What You Pay For

Aug 09
With A 26% Price Drop For Ceres Inc. (TSE:3696) You'll Still Get What You Pay For

Ceres' (TSE:3696) Returns Have Hit A Wall

Aug 07
Ceres' (TSE:3696) Returns Have Hit A Wall

Ceres Inc.'s (TSE:3696) 33% Share Price Surge Not Quite Adding Up

May 21
Ceres Inc.'s (TSE:3696) 33% Share Price Surge Not Quite Adding Up

Returns On Capital At Ceres (TSE:3696) Paint A Concerning Picture

Apr 22
Returns On Capital At Ceres (TSE:3696) Paint A Concerning Picture

Ceres' (TSE:3696) Earnings May Just Be The Starting Point

Apr 03
Ceres' (TSE:3696) Earnings May Just Be The Starting Point

Revenues Tell The Story For Ceres Inc. (TSE:3696) As Its Stock Soars 42%

Feb 26
Revenues Tell The Story For Ceres Inc. (TSE:3696) As Its Stock Soars 42%

Financial Position Analysis

Short Term Liabilities: 3696's short term assets (¥21.0B) exceed its short term liabilities (¥15.2B).

Long Term Liabilities: 3696's short term assets (¥21.0B) exceed its long term liabilities (¥3.6B).


Debt to Equity History and Analysis

Debt Level: 3696 has more cash than its total debt.

Reducing Debt: 3696's debt to equity ratio has increased from 45.6% to 86.7% over the past 5 years.

Debt Coverage: 3696's debt is not well covered by operating cash flow (12.7%).

Interest Coverage: 3696's interest payments on its debt are well covered by EBIT (44x coverage).


Balance Sheet


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