Citizen Watch Balance Sheet Health
Financial Health criteria checks 5/6
Citizen Watch has a total shareholder equity of ¥254.3B and total debt of ¥63.7B, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are ¥410.2B and ¥156.0B respectively. Citizen Watch's EBIT is ¥23.6B making its interest coverage ratio -9.6. It has cash and short-term investments of ¥84.0B.
Key information
25.1%
Debt to equity ratio
JP¥63.70b
Debt
| Interest coverage ratio | -9.6x |
| Cash | JP¥83.97b |
| Equity | JP¥254.27b |
| Total liabilities | JP¥155.97b |
| Total assets | JP¥410.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHCL.Y's short term assets (¥271.3B) exceed its short term liabilities (¥88.8B).
Long Term Liabilities: CHCL.Y's short term assets (¥271.3B) exceed its long term liabilities (¥67.2B).
Debt to Equity History and Analysis
Debt Level: CHCL.Y has more cash than its total debt.
Reducing Debt: CHCL.Y's debt to equity ratio has increased from 20.5% to 25.1% over the past 5 years.
Debt Coverage: CHCL.Y's debt is well covered by operating cash flow (50.6%).
Interest Coverage: CHCL.Y earns more interest than it pays, so coverage of interest payments is not a concern.