CDSLtd Balance Sheet Health
Financial Health criteria checks 6/6
CDSLtd has a total shareholder equity of ¥8.4B and total debt of ¥670.0M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are ¥11.1B and ¥2.7B respectively. CDSLtd's EBIT is ¥1.4B making its interest coverage ratio -1445. It has cash and short-term investments of ¥4.0B.
Key information
8.0%
Debt to equity ratio
JP¥670.00m
Debt
Interest coverage ratio | -1445x |
Cash | JP¥4.04b |
Equity | JP¥8.39b |
Total liabilities | JP¥2.73b |
Total assets | JP¥11.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2169's short term assets (¥7.9B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 2169's short term assets (¥7.9B) exceed its long term liabilities (¥17.0M).
Debt to Equity History and Analysis
Debt Level: 2169 has more cash than its total debt.
Reducing Debt: 2169's debt to equity ratio has reduced from 17.1% to 8% over the past 5 years.
Debt Coverage: 2169's debt is well covered by operating cash flow (106.9%).
Interest Coverage: 2169 earns more interest than it pays, so coverage of interest payments is not a concern.