CREAL Balance Sheet Health
Financial Health criteria checks 5/6
CREAL has a total shareholder equity of ¥4.6B and total debt of ¥5.6B, which brings its debt-to-equity ratio to 121.3%. Its total assets and total liabilities are ¥42.4B and ¥37.8B respectively. CREAL's EBIT is ¥1.4B making its interest coverage ratio 24.6. It has cash and short-term investments of ¥12.7B.
Key information
121.3%
Debt to equity ratio
JP¥5.57b
Debt
| Interest coverage ratio | 24.6x |
| Cash | JP¥12.66b |
| Equity | JP¥4.59b |
| Total liabilities | JP¥37.83b |
| Total assets | JP¥42.42b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2998's short term assets (¥40.7B) exceed its short term liabilities (¥35.8B).
Long Term Liabilities: 2998's short term assets (¥40.7B) exceed its long term liabilities (¥2.0B).
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 debt is well covered by operating cash flow (48.1%).
Interest Coverage: 2998's interest payments on its debt are well covered by EBIT (24.6x coverage).