CominixLtd Balance Sheet Health
Financial Health criteria checks 6/6
CominixLtd has a total shareholder equity of ¥8.2B and total debt of ¥5.1B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are ¥18.8B and ¥10.6B respectively. CominixLtd's EBIT is ¥745.0M making its interest coverage ratio 248.3. It has cash and short-term investments of ¥3.7B.
Key information
62.4%
Debt to equity ratio
JP¥5.09b
Debt
| Interest coverage ratio | 248.3x |
| Cash | JP¥3.70b |
| Equity | JP¥8.16b |
| Total liabilities | JP¥10.63b |
| Total assets | JP¥18.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3173's short term assets (¥15.4B) exceed its short term liabilities (¥8.9B).
Long Term Liabilities: 3173's short term assets (¥15.4B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 3173's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: 3173's debt to equity ratio has reduced from 62.6% to 62.4% over the past 5 years.
Debt Coverage: 3173's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 3173's interest payments on its debt are well covered by EBIT (248.3x coverage).