Citizen Watch Balance Sheet Health
Financial Health criteria checks 5/6
Citizen Watch has a total shareholder equity of ¥243.2B and total debt of ¥63.2B, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are ¥403.6B and ¥160.4B respectively. Citizen Watch's EBIT is ¥26.1B making its interest coverage ratio -10.4. It has cash and short-term investments of ¥71.9B.
Key information
26.0%
Debt to equity ratio
JP¥63.21b
Debt
Interest coverage ratio | -10.4x |
Cash | JP¥71.95b |
Equity | JP¥243.23b |
Total liabilities | JP¥160.38b |
Total assets | JP¥403.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7762's short term assets (¥265.6B) exceed its short term liabilities (¥67.5B).
Long Term Liabilities: 7762's short term assets (¥265.6B) exceed its long term liabilities (¥92.9B).
Debt to Equity History and Analysis
Debt Level: 7762 has more cash than its total debt.
Reducing Debt: 7762's debt to equity ratio has increased from 19.9% to 26% over the past 5 years.
Debt Coverage: 7762's debt is well covered by operating cash flow (49%).
Interest Coverage: 7762 earns more interest than it pays, so coverage of interest payments is not a concern.