BayCurrent Consulting Balance Sheet Health
Financial Health criteria checks 6/6
BayCurrent Consulting has a total shareholder equity of ¥66.5B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥84.2B and ¥17.7B respectively. BayCurrent Consulting's EBIT is ¥33.6B making its interest coverage ratio 1765.8. It has cash and short-term investments of ¥45.8B.
Key information
3.6%
Debt to equity ratio
JP¥2.36b
Debt
Interest coverage ratio | 1765.8x |
Cash | JP¥45.78b |
Equity | JP¥66.49b |
Total liabilities | JP¥17.74b |
Total assets | JP¥84.23b |
Recent financial health updates
Recent updates
Is BayCurrent Consulting, Inc. (TSE:6532) Trading At A 41% Discount?
May 22BayCurrent Consulting (TSE:6532) Could Become A Multi-Bagger
Apr 28Why BayCurrent Consulting, Inc. (TSE:6532) Could Be Worth Watching
Mar 30These 4 Measures Indicate That BayCurrent Consulting (TSE:6532) Is Using Debt Safely
Feb 28Financial Position Analysis
Short Term Liabilities: 6532's short term assets (¥64.7B) exceed its short term liabilities (¥15.3B).
Long Term Liabilities: 6532's short term assets (¥64.7B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 6532 has more cash than its total debt.
Reducing Debt: 6532's debt to equity ratio has reduced from 61.2% to 3.6% over the past 5 years.
Debt Coverage: 6532's debt is well covered by operating cash flow (985.1%).
Interest Coverage: 6532's interest payments on its debt are well covered by EBIT (1765.8x coverage).