CharleLtd Balance Sheet Health
Financial Health criteria checks 6/6
CharleLtd has a total shareholder equity of ¥18.3B and total debt of ¥18.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ¥21.4B and ¥3.1B respectively. CharleLtd's EBIT is ¥558.0M making its interest coverage ratio -186. It has cash and short-term investments of ¥12.7B.
Key information
0.1%
Debt to equity ratio
JP¥18.00m
Debt
Interest coverage ratio | -186x |
Cash | JP¥12.70b |
Equity | JP¥18.32b |
Total liabilities | JP¥3.08b |
Total assets | JP¥21.39b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9885's short term assets (¥15.8B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 9885's short term assets (¥15.8B) exceed its long term liabilities (¥759.0M).
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 0.1% over the past 5 years.
Debt Coverage: 9885's debt is well covered by operating cash flow (8372.2%).
Interest Coverage: 9885 earns more interest than it pays, so coverage of interest payments is not a concern.