BELLSYSTEM24 Holdings Balance Sheet Health
Financial Health criteria checks 3/6
BELLSYSTEM24 Holdings has a total shareholder equity of ¥68.2B and total debt of ¥53.0B, which brings its debt-to-equity ratio to 77.8%. Its total assets and total liabilities are ¥173.3B and ¥105.2B respectively. BELLSYSTEM24 Holdings's EBIT is ¥8.8B making its interest coverage ratio 21.3. It has cash and short-term investments of ¥9.0B.
Key information
77.8%
Debt to equity ratio
JP¥53.04b
Debt
| Interest coverage ratio | 21.3x |
| Cash | JP¥9.04b |
| Equity | JP¥68.18b |
| Total liabilities | JP¥105.16b |
| Total assets | JP¥173.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B24's short term assets (¥29.6B) do not cover its short term liabilities (¥57.6B).
Long Term Liabilities: B24's short term assets (¥29.6B) do not cover its long term liabilities (¥47.6B).
Debt to Equity History and Analysis
Debt Level: B24's net debt to equity ratio (64.5%) is considered high.
Reducing Debt: B24's debt to equity ratio has reduced from 148.4% to 77.8% over the past 5 years.
Debt Coverage: B24's debt is well covered by operating cash flow (33.5%).
Interest Coverage: B24's interest payments on its debt are well covered by EBIT (21.3x coverage).