Crops Balance Sheet Health
Financial Health criteria checks 6/6
Crops has a total shareholder equity of ¥13.2B and total debt of ¥2.8B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ¥34.1B and ¥20.9B respectively. Crops's EBIT is ¥1.8B making its interest coverage ratio -46.2. It has cash and short-term investments of ¥8.1B.
Key information
21.9%
Debt to equity ratio
JP¥2.82b
Debt
| Interest coverage ratio | -46x |
| Cash | JP¥7.95b |
| Equity | JP¥12.85b |
| Total liabilities | JP¥20.22b |
| Total assets | JP¥33.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9428's short term assets (¥19.1B) exceed its short term liabilities (¥11.6B).
Long Term Liabilities: 9428's short term assets (¥19.1B) exceed its long term liabilities (¥9.3B).
Debt to Equity History and Analysis
Debt Level: 9428 has more cash than its total debt.
Reducing Debt: 9428's debt to equity ratio has reduced from 33.2% to 21.2% over the past 5 years.
Debt Coverage: 9428's debt is well covered by operating cash flow (36%).
Interest Coverage: 9428 earns more interest than it pays, so coverage of interest payments is not a concern.