Creema Balance Sheet Health
Financial Health criteria checks 6/6
Creema has a total shareholder equity of ¥1,000.0M and total debt of ¥517.0M, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are ¥3.6B and ¥2.6B respectively. Creema's EBIT is ¥41.0M making its interest coverage ratio 6.8. It has cash and short-term investments of ¥2.6B.
Key information
51.7%
Debt to equity ratio
JP¥517.00m
Debt
| Interest coverage ratio | 6.8x |
| Cash | JP¥2.63b |
| Equity | JP¥1.00b |
| Total liabilities | JP¥2.59b |
| Total assets | JP¥3.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4017's short term assets (¥3.3B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 4017's short term assets (¥3.3B) exceed its long term liabilities (¥326.0M).
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 debt is well covered by operating cash flow (21.9%).
Interest Coverage: 4017's interest payments on its debt are well covered by EBIT (6.8x coverage).