Ceres Balance Sheet Health
Financial Health criteria checks 4/6
Ceres has a total shareholder equity of ¥11.3B and total debt of ¥7.5B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are ¥27.9B and ¥16.6B respectively. Ceres's EBIT is ¥1.6B making its interest coverage ratio -52.6. It has cash and short-term investments of ¥8.8B.
Key information
66.2%
Debt to equity ratio
JP¥7.48b
Debt
| Interest coverage ratio | -52.6x |
| Cash | JP¥8.80b |
| Equity | JP¥11.31b |
| Total liabilities | JP¥16.60b |
| Total assets | JP¥27.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEEI.F's short term assets (¥18.9B) exceed its short term liabilities (¥14.3B).
Long Term Liabilities: CEEI.F's short term assets (¥18.9B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: CEEI.F has more cash than its total debt.
Reducing Debt: CEEI.F's debt to equity ratio has increased from 45.8% to 66.2% over the past 5 years.
Debt Coverage: CEEI.F's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: CEEI.F earns more interest than it pays, so coverage of interest payments is not a concern.