Payroll Balance Sheet Health
Financial Health criteria checks 3/6
Payroll has a total shareholder equity of ¥13.4B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are ¥22.1B and ¥8.7B respectively. Payroll's EBIT is ¥1.4B making its interest coverage ratio 29.7. It has cash and short-term investments of ¥919.0M.
Key information
28.7%
Debt to equity ratio
JP¥3.84b
Debt
Interest coverage ratio | 29.7x |
Cash | JP¥919.00m |
Equity | JP¥13.39b |
Total liabilities | JP¥8.71b |
Total assets | JP¥22.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4489's short term assets (¥3.6B) do not cover its short term liabilities (¥4.1B).
Long Term Liabilities: 4489's short term assets (¥3.6B) do not cover its long term liabilities (¥4.6B).
Debt to Equity History and Analysis
Debt Level: 4489's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 4489's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4489's debt is well covered by operating cash flow (61.3%).
Interest Coverage: 4489's interest payments on its debt are well covered by EBIT (29.7x coverage).