CB GROUP MANAGEMENT Balance Sheet Health
Financial Health criteria checks 6/6
CB GROUP MANAGEMENT has a total shareholder equity of ¥24.7B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ¥53.2B and ¥28.5B respectively. CB GROUP MANAGEMENT's EBIT is ¥2.8B making its interest coverage ratio -56.4. It has cash and short-term investments of ¥152.0M.
Key information
12.2%
Debt to equity ratio
JP¥3.00b
Debt
Interest coverage ratio | -56.4x |
Cash | JP¥152.00m |
Equity | JP¥24.69b |
Total liabilities | JP¥28.52b |
Total assets | JP¥53.20b |
Recent financial health updates
Is CB GROUP MANAGEMENT (TYO:9852) Using Too Much Debt?
Apr 07Is CB GROUP MANAGEMENT (TYO:9852) Using Too Much Debt?
Nov 18Recent updates
Is CB GROUP MANAGEMENT (TYO:9852) Using Too Much Debt?
Apr 07The CB GROUP MANAGEMENT (TYO:9852) Share Price Has Gained 45% And Shareholders Are Hoping For More
Mar 17Should You Use CB GROUP MANAGEMENT's (TYO:9852) Statutory Earnings To Analyse It?
Feb 11Returns On Capital - An Important Metric For CB GROUP MANAGEMENT (TYO:9852)
Dec 31Is CB GROUP MANAGEMENT (TYO:9852) Using Too Much Debt?
Nov 18Financial Position Analysis
Short Term Liabilities: 9852's short term assets (¥39.0B) exceed its short term liabilities (¥25.9B).
Long Term Liabilities: 9852's short term assets (¥39.0B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 9852's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: 9852's debt to equity ratio has reduced from 38.5% to 12.2% over the past 5 years.
Debt Coverage: 9852's debt is well covered by operating cash flow (32.2%).
Interest Coverage: 9852 earns more interest than it pays, so coverage of interest payments is not a concern.