CAREER BANK Balance Sheet Health
Financial Health criteria checks 5/6
CAREER BANK has a total shareholder equity of ¥1.3B and total debt of ¥800.0M, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are ¥2.8B and ¥1.5B respectively. CAREER BANK's EBIT is ¥311.0M making its interest coverage ratio 155.5. It has cash and short-term investments of ¥951.0M.
Key information
61.8%
Debt to equity ratio
JP¥800.00m
Debt
| Interest coverage ratio | 155.5x |
| Cash | JP¥951.00m |
| Equity | JP¥1.30b |
| Total liabilities | JP¥1.54b |
| Total assets | JP¥2.83b |
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 (¥1.9B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 4834's short term assets (¥1.9B) exceed its long term liabilities (¥429.0M).
Debt to Equity History and Analysis
Debt Level: 4834 has more cash than its total debt.
Reducing Debt: 4834's debt to equity ratio has reduced from 77.1% to 61.8% over the past 5 years.
Debt Coverage: 4834's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 4834's interest payments on its debt are well covered by EBIT (155.5x coverage).