Core Balance Sheet Health
Financial Health criteria checks 6/6
Core has a total shareholder equity of ¥17.4B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ¥23.4B and ¥6.0B respectively. Core's EBIT is ¥3.2B making its interest coverage ratio -40.9. It has cash and short-term investments of ¥7.2B.
Key information
7.6%
Debt to equity ratio
JP¥1.33b
Debt
| Interest coverage ratio | -40.9x |
| Cash | JP¥7.25b |
| Equity | JP¥17.37b |
| Total liabilities | JP¥5.99b |
| Total assets | JP¥23.36b |
Recent financial health updates
No updates
Recent updates
Core (TSE:2359) Will Pay A Dividend Of ¥10.00
Sep 19
Core (TSE:2359) Will Pay A Dividend Of ¥10.00
Sep 02Core's (TSE:2359) Dividend Will Be ¥10.00
Aug 19Core (TSE:2359) Will Pay A Dividend Of ¥10.00
Jul 26Core (TSE:2359) Has Announced A Dividend Of ¥10.00
Jul 12Core (TSE:2359) Is Paying Out A Larger Dividend Than Last Year
Mar 10Financial Position Analysis
Short Term Liabilities: 2359's short term assets (¥14.7B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 2359's short term assets (¥14.7B) exceed its long term liabilities (¥552.0M).
Debt to Equity History and Analysis
Debt Level: 2359 has more cash than its total debt.
Reducing Debt: 2359's debt to equity ratio has reduced from 27.3% to 7.6% over the past 5 years.
Debt Coverage: 2359's debt is well covered by operating cash flow (144.9%).
Interest Coverage: 2359 earns more interest than it pays, so coverage of interest payments is not a concern.