Careerlink Balance Sheet Health
Financial Health criteria checks 6/6
Careerlink has a total shareholder equity of ¥13.6B and total debt of ¥1.0B, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ¥19.1B and ¥5.5B respectively. Careerlink's EBIT is ¥3.3B making its interest coverage ratio 1093.7. It has cash and short-term investments of ¥11.0B.
Key information
7.5%
Debt to equity ratio
JP¥1.02b
Debt
| Interest coverage ratio | 1093.7x |
| Cash | JP¥10.95b |
| Equity | JP¥13.63b |
| Total liabilities | JP¥5.52b |
| Total assets | JP¥19.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6070's short term assets (¥17.5B) exceed its short term liabilities (¥4.7B).
Long Term Liabilities: 6070's short term assets (¥17.5B) exceed its long term liabilities (¥815.0M).
Debt to Equity History and Analysis
Debt Level: 6070 has more cash than its total debt.
Reducing Debt: 6070's debt to equity ratio has reduced from 20.6% to 7.5% over the past 5 years.
Debt Coverage: 6070's debt is well covered by operating cash flow (665.2%).
Interest Coverage: 6070's interest payments on its debt are well covered by EBIT (1093.7x coverage).