Careerlink Balance Sheet Health
Financial Health criteria checks 6/6
Careerlink has a total shareholder equity of ¥13.7B and total debt of ¥887.0M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ¥20.7B and ¥7.1B respectively. Careerlink's EBIT is ¥4.2B making its interest coverage ratio 1408.7. It has cash and short-term investments of ¥10.8B.
Key information
6.5%
Debt to equity ratio
JP¥887.00m
Debt
Interest coverage ratio | 1408.7x |
Cash | JP¥10.77b |
Equity | JP¥13.68b |
Total liabilities | JP¥7.06b |
Total assets | JP¥20.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6070's short term assets (¥19.0B) exceed its short term liabilities (¥6.4B).
Long Term Liabilities: 6070's short term assets (¥19.0B) exceed its long term liabilities (¥703.0M).
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 23.8% to 6.5% over the past 5 years.
Debt Coverage: 6070's debt is well covered by operating cash flow (590.4%).
Interest Coverage: 6070's interest payments on its debt are well covered by EBIT (1408.7x coverage).