CAREER Balance Sheet Health
Financial Health criteria checks 5/6
CAREER has a total shareholder equity of ¥2.0B and total debt of ¥800.0M, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are ¥4.4B and ¥2.4B respectively. CAREER's EBIT is ¥429.0M making its interest coverage ratio 107.3. It has cash and short-term investments of ¥2.2B.
Key information
39.9%
Debt to equity ratio
JP¥800.00m
Debt
| Interest coverage ratio | 107.3x |
| Cash | JP¥2.15b |
| Equity | JP¥2.00b |
| Total liabilities | JP¥2.40b |
| Total assets | JP¥4.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6198's short term assets (¥3.9B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 6198's short term assets (¥3.9B) exceed its long term liabilities (¥152.0M).
Debt to Equity History and Analysis
Debt Level: 6198 has more cash than its total debt.
Reducing Debt: 6198's debt to equity ratio has reduced from 53.4% to 39.9% over the past 5 years.
Debt Coverage: 6198's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6198's interest payments on its debt are well covered by EBIT (107.3x coverage).