Choei Balance Sheet Health
Financial Health criteria checks 2/6
Choei has a total shareholder equity of ¥10.5B and total debt of ¥44.7B, which brings its debt-to-equity ratio to 427.7%. Its total assets and total liabilities are ¥60.6B and ¥50.1B respectively. Choei's EBIT is ¥1.8B making its interest coverage ratio 3.5. It has cash and short-term investments of ¥9.1B.
Key information
427.7%
Debt to equity ratio
JP¥44.74b
Debt
| Interest coverage ratio | 3.5x |
| Cash | JP¥9.14b |
| Equity | JP¥10.46b |
| Total liabilities | JP¥50.14b |
| Total assets | JP¥60.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2993's short term assets (¥9.8B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 2993's short term assets (¥9.8B) do not cover its long term liabilities (¥46.5B).
Debt to Equity History and Analysis
Debt Level: 2993's net debt to equity ratio (340.4%) is considered high.
Reducing Debt: Insufficient data to determine if 2993's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2993's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 2993's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 18:57 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Choei Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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