Crops Balance Sheet Health
Financial Health criteria checks 6/6
Crops has a total shareholder equity of ¥12.9B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are ¥33.3B and ¥20.4B respectively. Crops's EBIT is ¥2.0B making its interest coverage ratio -48.9. It has cash and short-term investments of ¥7.0B.
Key information
24.8%
Debt to equity ratio
JP¥3.20b
Debt
Interest coverage ratio | -48.9x |
Cash | JP¥7.00b |
Equity | JP¥12.90b |
Total liabilities | JP¥20.45b |
Total assets | JP¥33.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9428's short term assets (¥18.7B) exceed its short term liabilities (¥11.7B).
Long Term Liabilities: 9428's short term assets (¥18.7B) exceed its long term liabilities (¥8.7B).
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 39.8% to 24.8% over the past 5 years.
Debt Coverage: 9428's debt is well covered by operating cash flow (59.4%).
Interest Coverage: 9428 earns more interest than it pays, so coverage of interest payments is not a concern.