Business Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Business Engineering has a total shareholder equity of ¥12.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥16.6B and ¥4.5B respectively. Business Engineering's EBIT is ¥4.2B making its interest coverage ratio -209.4. It has cash and short-term investments of ¥8.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -209.4x |
| Cash | JP¥8.76b |
| Equity | JP¥12.06b |
| Total liabilities | JP¥4.50b |
| Total assets | JP¥16.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBY's short term assets (¥13.2B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: TBY's short term assets (¥13.2B) exceed its long term liabilities (¥27.0M).
Debt to Equity History and Analysis
Debt Level: TBY is debt free.
Reducing Debt: TBY has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: TBY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TBY has no debt, therefore coverage of interest payments is not a concern.