CrowdWorks Balance Sheet Health
Financial Health criteria checks 6/6
CrowdWorks has a total shareholder equity of ¥6.2B and total debt of ¥777.0M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥10.6B and ¥4.4B respectively. CrowdWorks's EBIT is ¥1.3B making its interest coverage ratio 318.5. It has cash and short-term investments of ¥6.0B.
Key information
12.6%
Debt to equity ratio
JP¥777.00m
Debt
Interest coverage ratio | 318.5x |
Cash | JP¥6.03b |
Equity | JP¥6.19b |
Total liabilities | JP¥4.43b |
Total assets | JP¥10.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3900's short term assets (¥8.6B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 3900's short term assets (¥8.6B) exceed its long term liabilities (¥351.0M).
Debt to Equity History and Analysis
Debt Level: 3900 has more cash than its total debt.
Reducing Debt: 3900's debt to equity ratio has reduced from 71.2% to 12.6% over the past 5 years.
Debt Coverage: 3900's debt is well covered by operating cash flow (173.6%).
Interest Coverage: 3900's interest payments on its debt are well covered by EBIT (318.5x coverage).