CAREER BANK Balance Sheet Health
Financial Health criteria checks 6/6
CAREER BANK has a total shareholder equity of ¥2.1B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are ¥4.6B and ¥2.5B respectively. CAREER BANK's EBIT is ¥67.0M making its interest coverage ratio 33.5. It has cash and short-term investments of ¥1.5B.
Key information
78.4%
Debt to equity ratio
JP¥1.67b
Debt
| Interest coverage ratio | 33.5x |
| Cash | JP¥1.48b |
| Equity | JP¥2.13b |
| Total liabilities | JP¥2.50b |
| Total assets | JP¥4.63b |
Recent financial health updates
CAREER BANK (SPSE:4834) Seems To Use Debt Quite Sensibly
Mar 04
We Think CAREER BANK (SPSE:4834) Can Manage Its Debt With Ease
Nov 19
Recent updates
CAREER BANK (SPSE:4834) Shareholders Will Want The ROCE Trajectory To Continue
Apr 29Three Things You Should Check Before Buying CAREER BANK Co., Ltd. (SPSE:4834) For Its Dividend
Apr 08CAREER BANK (SPSE:4834) Seems To Use Debt Quite Sensibly
Mar 04Here's What To Make Of CAREER BANK's (SPSE:4834) Returns On Capital
Jan 28Key Things To Consider Before Buying CAREER BANK Co., Ltd. (SPSE:4834) For Its Dividend
Dec 24We Think CAREER BANK (SPSE:4834) Can Manage Its Debt With Ease
Nov 19Financial Position Analysis
Short Term Liabilities: 4834's short term assets (¥3.8B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 4834's short term assets (¥3.8B) exceed its long term liabilities (¥341.0M).
Debt to Equity History and Analysis
Debt Level: 4834's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 4834's debt to equity ratio has reduced from 84.5% to 78.4% over the past 5 years.
Debt Coverage: 4834's debt is well covered by operating cash flow (39.5%).
Interest Coverage: 4834's interest payments on its debt are well covered by EBIT (33.5x coverage).