CHANGE HoldingsInc Balance Sheet Health
Financial Health criteria checks 5/6
CHANGE HoldingsInc has a total shareholder equity of ¥50.6B and total debt of ¥21.5B, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are ¥93.8B and ¥43.1B respectively. CHANGE HoldingsInc's EBIT is ¥10.6B making its interest coverage ratio -1513.6. It has cash and short-term investments of ¥35.3B.
Key information
42.4%
Debt to equity ratio
JP¥21.48b
Debt
| Interest coverage ratio | -1513.6x |
| Cash | JP¥35.25b |
| Equity | JP¥50.64b |
| Total liabilities | JP¥43.15b |
| Total assets | JP¥93.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3962's short term assets (¥59.1B) exceed its short term liabilities (¥23.5B).
Long Term Liabilities: 3962's short term assets (¥59.1B) exceed its long term liabilities (¥19.6B).
Debt to Equity History and Analysis
Debt Level: 3962 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 3962's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3962's debt is well covered by operating cash flow (38.9%).
Interest Coverage: 3962 earns more interest than it pays, so coverage of interest payments is not a concern.