Cresco Balance Sheet Health
Financial Health criteria checks 6/6
Cresco has a total shareholder equity of ¥25.4B and total debt of ¥615.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ¥33.5B and ¥8.1B respectively. Cresco's EBIT is ¥4.6B making its interest coverage ratio -13.3. It has cash and short-term investments of ¥11.7B.
Key information
2.4%
Debt to equity ratio
JP¥615.00m
Debt
Interest coverage ratio | -13.3x |
Cash | JP¥11.73b |
Equity | JP¥25.42b |
Total liabilities | JP¥8.07b |
Total assets | JP¥33.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4674's short term assets (¥23.2B) exceed its short term liabilities (¥6.2B).
Long Term Liabilities: 4674's short term assets (¥23.2B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 4674 has more cash than its total debt.
Reducing Debt: 4674's debt to equity ratio has reduced from 7.1% to 2.4% over the past 5 years.
Debt Coverage: 4674's debt is well covered by operating cash flow (194.6%).
Interest Coverage: 4674 earns more interest than it pays, so coverage of interest payments is not a concern.