BELLSYSTEM24 Holdings Balance Sheet Health
Financial Health criteria checks 3/6
BELLSYSTEM24 Holdings has a total shareholder equity of ¥67.7B and total debt of ¥56.2B, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are ¥175.5B and ¥107.7B respectively. BELLSYSTEM24 Holdings's EBIT is ¥11.5B making its interest coverage ratio 29. It has cash and short-term investments of ¥7.4B.
Key information
83.0%
Debt to equity ratio
JP¥56.23b
Debt
Interest coverage ratio | 29x |
Cash | JP¥7.40b |
Equity | JP¥67.74b |
Total liabilities | JP¥107.73b |
Total assets | JP¥175.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B24's short term assets (¥28.3B) do not cover its short term liabilities (¥48.6B).
Long Term Liabilities: B24's short term assets (¥28.3B) do not cover its long term liabilities (¥59.1B).
Debt to Equity History and Analysis
Debt Level: B24's net debt to equity ratio (72.1%) is considered high.
Reducing Debt: B24's debt to equity ratio has reduced from 152.7% to 83% over the past 5 years.
Debt Coverage: B24's debt is well covered by operating cash flow (24.2%).
Interest Coverage: B24's interest payments on its debt are well covered by EBIT (29x coverage).