CharleLtd Balance Sheet Health
Financial Health criteria checks 6/6
CharleLtd has a total shareholder equity of ¥17.7B and total debt of ¥16.0M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are ¥20.0B and ¥2.3B respectively. CharleLtd's EBIT is ¥99.0M making its interest coverage ratio -24.8. It has cash and short-term investments of ¥11.1B.
Key information
0.09%
Debt to equity ratio
JP¥16.00m
Debt
| Interest coverage ratio | -24.8x |
| Cash | JP¥11.10b |
| Equity | JP¥17.69b |
| Total liabilities | JP¥2.33b |
| Total assets | JP¥20.02b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9885's short term assets (¥14.3B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 9885's short term assets (¥14.3B) exceed its long term liabilities (¥764.0M).
Debt to Equity History and Analysis
Debt Level: 9885 has more cash than its total debt.
Reducing Debt: 9885's debt to equity ratio has reduced from 0.7% to 0.09% over the past 5 years.
Debt Coverage: 9885's debt is well covered by operating cash flow (9418.8%).
Interest Coverage: 9885 earns more interest than it pays, so coverage of interest payments is not a concern.