Creema Balance Sheet Health
Financial Health criteria checks 5/6
Creema has a total shareholder equity of ¥1.0B and total debt of ¥407.0M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are ¥3.2B and ¥2.2B respectively. Creema's EBIT is ¥53.0M making its interest coverage ratio 10.6. It has cash and short-term investments of ¥2.3B.
Key information
39.4%
Debt to equity ratio
JP¥407.00m
Debt
| Interest coverage ratio | 10.6x |
| Cash | JP¥2.31b |
| Equity | JP¥1.03b |
| Total liabilities | JP¥2.21b |
| Total assets | JP¥3.25b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4017's short term assets (¥2.9B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 4017's short term assets (¥2.9B) exceed its long term liabilities (¥255.0M).
Debt to Equity History and Analysis
Debt Level: 4017 has more cash than its total debt.
Reducing Debt: 4017 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 4017's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4017's interest payments on its debt are well covered by EBIT (10.6x coverage).