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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:29 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ceres Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Masanori Kadoya | Marusan Securities Co. Ltd. |