CookbizLtd Balance Sheet Health
Financial Health criteria checks 4/6
CookbizLtd has a total shareholder equity of ¥1.5B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 96.6%. Its total assets and total liabilities are ¥3.5B and ¥2.0B respectively. CookbizLtd's EBIT is ¥344.0M making its interest coverage ratio 20.2. It has cash and short-term investments of ¥2.0B.
Key information
96.6%
Debt to equity ratio
JP¥1.50b
Debt
Interest coverage ratio | 20.2x |
Cash | JP¥1.99b |
Equity | JP¥1.55b |
Total liabilities | JP¥1.97b |
Total assets | JP¥3.51b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6558's short term assets (¥2.7B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 6558's short term assets (¥2.7B) exceed its long term liabilities (¥897.0M).
Debt to Equity History and Analysis
Debt Level: 6558 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6558's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6558's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: 6558's interest payments on its debt are well covered by EBIT (20.2x coverage).