Chuo WarehouseLtd Balance Sheet Health
Financial Health criteria checks 5/6
Chuo WarehouseLtd has a total shareholder equity of ¥44.3B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are ¥56.1B and ¥11.8B respectively. Chuo WarehouseLtd's EBIT is ¥1.9B making its interest coverage ratio -7.4. It has cash and short-term investments of ¥7.3B.
Key information
14.0%
Debt to equity ratio
JP¥6.22b
Debt
Interest coverage ratio | -7.4x |
Cash | JP¥7.34b |
Equity | JP¥44.34b |
Total liabilities | JP¥11.78b |
Total assets | JP¥56.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9319's short term assets (¥12.7B) exceed its short term liabilities (¥6.1B).
Long Term Liabilities: 9319's short term assets (¥12.7B) exceed its long term liabilities (¥5.7B).
Debt to Equity History and Analysis
Debt Level: 9319 has more cash than its total debt.
Reducing Debt: 9319's debt to equity ratio has increased from 9.6% to 14% over the past 5 years.
Debt Coverage: 9319's debt is well covered by operating cash flow (45.5%).
Interest Coverage: 9319 earns more interest than it pays, so coverage of interest payments is not a concern.