CRI Middleware Balance Sheet Health
Financial Health criteria checks 6/6
CRI Middleware has a total shareholder equity of ¥3.5B and total debt of ¥1,000.0M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are ¥5.0B and ¥1.6B respectively. CRI Middleware's EBIT is ¥344.0M making its interest coverage ratio -26.5. It has cash and short-term investments of ¥3.5B.
Key information
28.7%
Debt to equity ratio
JP¥1.00b
Debt
Interest coverage ratio | -26.5x |
Cash | JP¥3.51b |
Equity | JP¥3.48b |
Total liabilities | JP¥1.56b |
Total assets | JP¥5.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3698's short term assets (¥4.1B) exceed its short term liabilities (¥365.0M).
Long Term Liabilities: 3698's short term assets (¥4.1B) 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 54.7% to 28.7% over the past 5 years.
Debt Coverage: 3698's debt is well covered by operating cash flow (49.5%).
Interest Coverage: 3698 earns more interest than it pays, so coverage of interest payments is not a concern.