Cresco Balance Sheet Health
Financial Health criteria checks 5/6
Cresco has a total shareholder equity of ¥27.7B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are ¥39.7B and ¥12.0B respectively. Cresco's EBIT is ¥5.1B making its interest coverage ratio -14.8. It has cash and short-term investments of ¥15.8B.
Key information
8.6%
Debt to equity ratio
JP¥2.39b
Debt
| Interest coverage ratio | -14.8x |
| Cash | JP¥15.79b |
| Equity | JP¥27.68b |
| Total liabilities | JP¥12.03b |
| Total assets | JP¥39.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEJO.F's short term assets (¥27.9B) exceed its short term liabilities (¥8.6B).
Long Term Liabilities: CEJO.F's short term assets (¥27.9B) exceed its long term liabilities (¥3.4B).
Debt to Equity History and Analysis
Debt Level: CEJO.F has more cash than its total debt.
Reducing Debt: CEJO.F's debt to equity ratio has increased from 6.1% to 8.6% over the past 5 years.
Debt Coverage: CEJO.F's debt is well covered by operating cash flow (134.7%).
Interest Coverage: CEJO.F earns more interest than it pays, so coverage of interest payments is not a concern.