Chino Balance Sheet Health
Financial Health criteria checks 5/6
Chino has a total shareholder equity of ¥23.7B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ¥35.9B and ¥12.3B respectively. Chino's EBIT is ¥2.3B making its interest coverage ratio -27.1. It has cash and short-term investments of ¥7.4B.
Key information
12.2%
Debt to equity ratio
JP¥2.88b
Debt
| Interest coverage ratio | -27.1x |
| Cash | JP¥7.42b |
| Equity | JP¥23.66b |
| Total liabilities | JP¥12.29b |
| Total assets | JP¥35.95b |
Recent financial health updates
No updates
Recent updates
Concerns Surrounding Chino's (TSE:6850) Performance
Nov 21
Chino's (TSE:6850) Dividend Will Be ¥25.00
Sep 13Chino (TSE:6850) Is Due To Pay A Dividend Of ¥25.00
Aug 17Chino (TSE:6850) Is Due To Pay A Dividend Of ¥25.00
Jul 25Chino (TSE:6850) Is Due To Pay A Dividend Of ¥25.00
Jul 11Solid Earnings May Not Tell The Whole Story For Chino (TSE:6850)
May 21Chino (TSE:6850) Hasn't Managed To Accelerate Its Returns
Apr 09Chino (TSE:6850) Has Announced A Dividend Of ¥40.00
Mar 20Financial Position Analysis
Short Term Liabilities: 6850's short term assets (¥25.7B) exceed its short term liabilities (¥8.5B).
Long Term Liabilities: 6850's short term assets (¥25.7B) exceed its long term liabilities (¥3.8B).
Debt to Equity History and Analysis
Debt Level: 6850 has more cash than its total debt.
Reducing Debt: 6850's debt to equity ratio has increased from 12% to 12.2% over the past 5 years.
Debt Coverage: 6850's debt is well covered by operating cash flow (53.7%).
Interest Coverage: 6850 earns more interest than it pays, so coverage of interest payments is not a concern.