BayCurrent Consulting Balance Sheet Health
Financial Health criteria checks 6/6
BayCurrent Consulting has a total shareholder equity of ¥73.8B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ¥99.8B and ¥25.9B respectively. BayCurrent Consulting's EBIT is ¥35.3B making its interest coverage ratio 820.9. It has cash and short-term investments of ¥49.0B.
Key information
2.8%
Debt to equity ratio
JP¥2.10b
Debt
Interest coverage ratio | 820.9x |
Cash | JP¥48.97b |
Equity | JP¥73.84b |
Total liabilities | JP¥25.95b |
Total assets | JP¥99.79b |
Recent financial health updates
Recent updates
Investors Appear Satisfied With BayCurrent Consulting, Inc.'s (TSE:6532) Prospects As Shares Rocket 37%
Jul 13We Think That There Are Some Issues For BayCurrent Consulting (TSE:6532) Beyond Its Promising Earnings
Jun 05Is 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 (¥62.5B) exceed its short term liabilities (¥17.6B).
Long Term Liabilities: 6532's short term assets (¥62.5B) exceed its long term liabilities (¥8.4B).
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 58.1% to 2.8% over the past 5 years.
Debt Coverage: 6532's debt is well covered by operating cash flow (1111.2%).
Interest Coverage: 6532's interest payments on its debt are well covered by EBIT (820.9x coverage).