Chuo WarehouseLtd Balance Sheet Health
Financial Health criteria checks 5/6
Chuo WarehouseLtd has a total shareholder equity of ¥45.6B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ¥58.0B and ¥12.4B respectively. Chuo WarehouseLtd's EBIT is ¥1.9B making its interest coverage ratio -7.5. It has cash and short-term investments of ¥8.5B.
Key information
13.2%
Debt to equity ratio
JP¥6.01b
Debt
Interest coverage ratio | -7.5x |
Cash | JP¥8.45b |
Equity | JP¥45.60b |
Total liabilities | JP¥12.42b |
Total assets | JP¥58.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9319's short term assets (¥13.7B) exceed its short term liabilities (¥6.7B).
Long Term Liabilities: 9319's short term assets (¥13.7B) 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 9.3% to 13.2% over the past 5 years.
Debt Coverage: 9319's debt is well covered by operating cash flow (47.3%).
Interest Coverage: 9319 earns more interest than it pays, so coverage of interest payments is not a concern.