CREAL Balance Sheet Health
Financial Health criteria checks 4/6
CREAL has a total shareholder equity of ¥3.6B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 88.1%. Its total assets and total liabilities are ¥30.2B and ¥26.6B respectively. CREAL's EBIT is ¥753.0M making its interest coverage ratio 7.3. It has cash and short-term investments of ¥8.1B.
Key information
88.1%
Debt to equity ratio
JP¥3.16b
Debt
Interest coverage ratio | 7.3x |
Cash | JP¥8.07b |
Equity | JP¥3.59b |
Total liabilities | JP¥26.64b |
Total assets | JP¥30.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2998's short term assets (¥29.5B) exceed its short term liabilities (¥25.6B).
Long Term Liabilities: 2998's short term assets (¥29.5B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 2998 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2998's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2998's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2998's interest payments on its debt are well covered by EBIT (7.3x coverage).