CHANGE HoldingsInc Balance Sheet Health
Financial Health criteria checks 5/6
CHANGE HoldingsInc has a total shareholder equity of ¥47.7B and total debt of ¥22.9B, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are ¥89.3B and ¥41.7B respectively. CHANGE HoldingsInc's EBIT is ¥9.8B making its interest coverage ratio 73.3. It has cash and short-term investments of ¥38.4B.
Key information
48.1%
Debt to equity ratio
JP¥22.94b
Debt
Interest coverage ratio | 73.3x |
Cash | JP¥38.40b |
Equity | JP¥47.66b |
Total liabilities | JP¥41.66b |
Total assets | JP¥89.33b |
Recent financial health updates
No updates
Recent updates
CHANGE 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 (¥56.1B) exceed its short term liabilities (¥20.9B).
Long Term Liabilities: 3962's short term assets (¥56.1B) exceed its long term liabilities (¥20.8B).
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 (52.6%).
Interest Coverage: 3962's interest payments on its debt are well covered by EBIT (73.3x coverage).