CRI Middleware Balance Sheet Health
Financial Health criteria checks 6/6
CRI Middleware has a total shareholder equity of ¥3.8B and total debt of ¥1,000.0M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are ¥5.4B and ¥1.6B respectively. CRI Middleware's EBIT is ¥369.0M making its interest coverage ratio -41. It has cash and short-term investments of ¥3.6B.
Key information
26.6%
Debt to equity ratio
JP¥1.00b
Debt
| Interest coverage ratio | -41x |
| Cash | JP¥3.63b |
| Equity | JP¥3.77b |
| Total liabilities | JP¥1.59b |
| Total assets | JP¥5.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3698's short term assets (¥4.5B) exceed its short term liabilities (¥391.0M).
Long Term Liabilities: 3698's short term assets (¥4.5B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 3698 has more cash than its total debt.
Reducing Debt: 3698's debt to equity ratio has reduced from 49.3% to 26.6% over the past 5 years.
Debt Coverage: 3698's debt is well covered by operating cash flow (32.8%).
Interest Coverage: 3698 earns more interest than it pays, so coverage of interest payments is not a concern.