Chuo WarehouseLtd Balance Sheet Health
Financial Health criteria checks 5/6
Chuo WarehouseLtd has a total shareholder equity of ¥46.4B and total debt of ¥5.8B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥58.7B and ¥12.3B respectively. Chuo WarehouseLtd's EBIT is ¥2.0B making its interest coverage ratio -10.3. It has cash and short-term investments of ¥8.1B.
Key information
12.6%
Debt to equity ratio
JP¥5.83b
Debt
Interest coverage ratio | -10.3x |
Cash | JP¥8.12b |
Equity | JP¥46.35b |
Total liabilities | JP¥12.34b |
Total assets | JP¥58.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9319's short term assets (¥13.6B) exceed its short term liabilities (¥6.5B).
Long Term Liabilities: 9319's short term assets (¥13.6B) exceed its long term liabilities (¥5.9B).
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 11% to 12.6% over the past 5 years.
Debt Coverage: 9319's debt is well covered by operating cash flow (61.5%).
Interest Coverage: 9319 earns more interest than it pays, so coverage of interest payments is not a concern.