Citizen Watch Balance Sheet Health
Financial Health criteria checks 5/6
Citizen Watch has a total shareholder equity of ¥245.1B and total debt of ¥66.2B, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are ¥411.2B and ¥166.2B respectively. Citizen Watch's EBIT is ¥24.9B making its interest coverage ratio -10.5. It has cash and short-term investments of ¥79.0B.
Key information
27.0%
Debt to equity ratio
JP¥66.24b
Debt
Interest coverage ratio | -10.5x |
Cash | JP¥78.98b |
Equity | JP¥245.06b |
Total liabilities | JP¥166.19b |
Total assets | JP¥411.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHCL.Y's short term assets (¥273.4B) exceed its short term liabilities (¥73.9B).
Long Term Liabilities: CHCL.Y's short term assets (¥273.4B) exceed its long term liabilities (¥92.3B).
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 23.1% to 27% over the past 5 years.
Debt Coverage: CHCL.Y's debt is well covered by operating cash flow (46.8%).
Interest Coverage: CHCL.Y earns more interest than it pays, so coverage of interest payments is not a concern.