CHANGE HoldingsInc Balance Sheet Health
Financial Health criteria checks 5/6
CHANGE HoldingsInc has a total shareholder equity of ¥44.0B and total debt of ¥21.1B, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are ¥83.8B and ¥39.8B respectively. CHANGE HoldingsInc's EBIT is ¥7.7B making its interest coverage ratio 14.6. It has cash and short-term investments of ¥25.9B.
Key information
48.0%
Debt to equity ratio
JP¥21.14b
Debt
| Interest coverage ratio | 14.6x |
| Cash | JP¥25.89b |
| Equity | JP¥44.01b |
| Total liabilities | JP¥39.79b |
| Total assets | JP¥83.80b |
Recent financial health updates
Recent updates
CHANGE Holdings,Inc.'s (TSE:3962) Shares May Have Run Too Fast Too Soon
Dec 12
There May Be Some Bright Spots In CHANGE HoldingsInc's (TSE:3962) Earnings
Nov 21These 4 Measures Indicate That CHANGE HoldingsInc (TSE:3962) Is Using Debt Safely
Sep 05More Unpleasant Surprises Could Be In Store For CHANGE Holdings,Inc.'s (TSE:3962) Shares After Tumbling 33%
Aug 06CHANGE HoldingsInc (TSE:3962) Could Be Struggling To Allocate Capital
Jun 17CHANGE HoldingsInc's (TSE:3962) Earnings Offer More Than Meets The Eye
May 22Take Care Before Jumping Onto CHANGE Holdings,Inc. (TSE:3962) Even Though It's 26% Cheaper
Mar 18CHANGE HoldingsInc (TSE:3962) Will Pay A Larger Dividend Than Last Year At ¥12.50
Mar 11Financial Position Analysis
Short Term Liabilities: 3962's short term assets (¥43.8B) exceed its short term liabilities (¥17.0B).
Long Term Liabilities: 3962's short term assets (¥43.8B) exceed its long term liabilities (¥22.8B).
Debt to Equity History and Analysis
Debt Level: 3962 has more cash than its total debt.
Reducing Debt: 3962's debt to equity ratio has increased from 47.9% to 48% over the past 5 years.
Debt Coverage: 3962's debt is well covered by operating cash flow (43.7%).
Interest Coverage: 3962's interest payments on its debt are well covered by EBIT (14.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 02:27 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CHANGE Holdings,Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takeshi Saito | Credit Suisse |
| Kaname Fujita | Ichiyoshi Research Institute Inc. |
| Tomoya Nakajima | Marusan Securities Co. Ltd. |