Pasona Group Balance Sheet Health
Financial Health criteria checks 4/6
Pasona Group has a total shareholder equity of ¥68.3B and total debt of ¥61.4B, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are ¥254.5B and ¥186.2B respectively. Pasona Group's EBIT is ¥8.4B making its interest coverage ratio 21.2. It has cash and short-term investments of ¥90.6B.
Key information
89.9%
Debt to equity ratio
JP¥61.39b
Debt
Interest coverage ratio | 21.2x |
Cash | JP¥90.58b |
Equity | JP¥68.29b |
Total liabilities | JP¥186.21b |
Total assets | JP¥254.50b |
Financial Position Analysis
Short Term Liabilities: 2168's short term assets (¥167.0B) exceed its short term liabilities (¥132.4B).
Long Term Liabilities: 2168's short term assets (¥167.0B) exceed its long term liabilities (¥53.8B).
Debt to Equity History and Analysis
Debt Level: 2168 has more cash than its total debt.
Reducing Debt: 2168's debt to equity ratio has increased from 55% to 89.9% over the past 5 years.
Debt Coverage: 2168's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 2168's interest payments on its debt are well covered by EBIT (21.2x coverage).