Benesse Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Benesse Holdings has a total shareholder equity of ¥168.7B and total debt of ¥38.2B, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are ¥521.3B and ¥352.5B respectively. Benesse Holdings's EBIT is ¥20.1B making its interest coverage ratio 3.3. It has cash and short-term investments of ¥147.8B.
Key information
22.7%
Debt to equity ratio
JP¥38.24b
Debt
Interest coverage ratio | 3.3x |
Cash | JP¥147.83b |
Equity | JP¥168.73b |
Total liabilities | JP¥352.55b |
Total assets | JP¥521.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BE8's short term assets (¥237.5B) exceed its short term liabilities (¥123.1B).
Long Term Liabilities: BE8's short term assets (¥237.5B) exceed its long term liabilities (¥229.4B).
Debt to Equity History and Analysis
Debt Level: BE8 has more cash than its total debt.
Reducing Debt: BE8's debt to equity ratio has increased from 21.7% to 22.7% over the past 5 years.
Debt Coverage: BE8's debt is well covered by operating cash flow (66.6%).
Interest Coverage: BE8's interest payments on its debt are well covered by EBIT (3.3x coverage).