CRE Balance Sheet Health
Financial Health criteria checks 3/6
CRE has a total shareholder equity of ¥38.2B and total debt of ¥76.2B, which brings its debt-to-equity ratio to 199.7%. Its total assets and total liabilities are ¥145.9B and ¥107.7B respectively. CRE's EBIT is ¥7.9B making its interest coverage ratio 13.6. It has cash and short-term investments of ¥24.3B.
Key information
199.7%
Debt to equity ratio
JP¥76.23b
Debt
| Interest coverage ratio | 13.6x |
| Cash | JP¥24.33b |
| Equity | JP¥38.16b |
| Total liabilities | JP¥107.73b |
| Total assets | JP¥145.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3458's short term assets (¥115.1B) exceed its short term liabilities (¥40.9B).
Long Term Liabilities: 3458's short term assets (¥115.1B) exceed its long term liabilities (¥66.8B).
Debt to Equity History and Analysis
Debt Level: 3458's net debt to equity ratio (136%) is considered high.
Reducing Debt: 3458's debt to equity ratio has increased from 126.5% to 199.7% 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 (13.6x coverage).