Ceres Balance Sheet Health
Financial Health criteria checks 4/6
Ceres has a total shareholder equity of ¥11.2B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are ¥29.9B and ¥18.8B respectively. Ceres's EBIT is ¥1.8B making its interest coverage ratio 44. It has cash and short-term investments of ¥13.4B.
Key information
86.7%
Debt to equity ratio
JP¥9.68b
Debt
| Interest coverage ratio | 44x |
| Cash | JP¥13.38b |
| Equity | JP¥11.16b |
| Total liabilities | JP¥18.76b |
| Total assets | JP¥29.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEEI.F's short term assets (¥21.0B) exceed its short term liabilities (¥15.2B).
Long Term Liabilities: CEEI.F's short term assets (¥21.0B) exceed its long term liabilities (¥3.6B).
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 45.6% to 86.7% over the past 5 years.
Debt Coverage: CEEI.F's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: CEEI.F's interest payments on its debt are well covered by EBIT (44x coverage).