CRE Balance Sheet Health
Financial Health criteria checks 3/6
CRE has a total shareholder equity of ¥41.2B and total debt of ¥77.8B, which brings its debt-to-equity ratio to 189.1%. Its total assets and total liabilities are ¥142.6B and ¥101.4B respectively. CRE's EBIT is ¥8.0B making its interest coverage ratio 11.3. It has cash and short-term investments of ¥24.3B.
Key information
189.1%
Debt to equity ratio
JP¥77.84b
Debt
| Interest coverage ratio | 11.3x |
| Cash | JP¥24.33b |
| Equity | JP¥41.17b |
| Total liabilities | JP¥101.39b |
| Total assets | JP¥142.56b |
Recent financial health updates
No updates
Recent updates
CRE (TSE:3458) Is Increasing Its Dividend To ¥50.00
Jul 22
CRE (TSE:3458) Is Increasing Its Dividend To ¥50.00
Jul 04Even With A 29% Surge, Cautious Investors Are Not Rewarding CRE, Inc.'s (TSE:3458) Performance Completely
Jul 02CRE (TSE:3458) Has Announced That It Will Be Increasing Its Dividend To ¥26.00
May 01CRE (TSE:3458) Will Pay A Larger Dividend Than Last Year At ¥26.00
Apr 17Financial Position Analysis
Short Term Liabilities: 3458's short term assets (¥111.1B) exceed its short term liabilities (¥39.4B).
Long Term Liabilities: 3458's short term assets (¥111.1B) exceed its long term liabilities (¥62.0B).
Debt to Equity History and Analysis
Debt Level: 3458's net debt to equity ratio (130%) is considered high.
Reducing Debt: 3458's debt to equity ratio has increased from 139.9% to 189.1% over the past 5 years.
Debt Coverage: 3458's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3458's interest payments on its debt are well covered by EBIT (11.3x coverage).