Casio ComputerLtd Balance Sheet Health
Financial Health criteria checks 6/6
Casio ComputerLtd has a total shareholder equity of ¥231.2B and total debt of ¥49.8B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ¥349.9B and ¥118.7B respectively. Casio ComputerLtd's EBIT is ¥14.2B making its interest coverage ratio -9.5. It has cash and short-term investments of ¥144.7B.
Key information
21.5%
Debt to equity ratio
JP¥49.77b
Debt
Interest coverage ratio | -9.5x |
Cash | JP¥144.66b |
Equity | JP¥231.15b |
Total liabilities | JP¥118.74b |
Total assets | JP¥349.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSIO.Y's short term assets (¥246.3B) exceed its short term liabilities (¥75.2B).
Long Term Liabilities: CSIO.Y's short term assets (¥246.3B) exceed its long term liabilities (¥43.5B).
Debt to Equity History and Analysis
Debt Level: CSIO.Y has more cash than its total debt.
Reducing Debt: CSIO.Y's debt to equity ratio has reduced from 32.7% to 21.5% over the past 5 years.
Debt Coverage: CSIO.Y's debt is well covered by operating cash flow (61.3%).
Interest Coverage: CSIO.Y earns more interest than it pays, so coverage of interest payments is not a concern.