Pasco Balance Sheet Health
Financial Health criteria checks 6/6
Pasco has a total shareholder equity of ¥29.7B and total debt of ¥9.8B, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are ¥48.9B and ¥19.2B respectively. Pasco's EBIT is ¥4.1B making its interest coverage ratio -159. It has cash and short-term investments of ¥13.6B.
Key information
33.0%
Debt to equity ratio
JP¥9.80b
Debt
| Interest coverage ratio | -159x |
| Cash | JP¥13.58b |
| Equity | JP¥29.71b |
| Total liabilities | JP¥19.22b |
| Total assets | JP¥48.93b |
Financial Position Analysis
Short Term Liabilities: 9232's short term assets (¥35.0B) exceed its short term liabilities (¥9.0B).
Long Term Liabilities: 9232's short term assets (¥35.0B) exceed its long term liabilities (¥10.3B).
Debt to Equity History and Analysis
Debt Level: 9232 has more cash than its total debt.
Reducing Debt: 9232's debt to equity ratio has reduced from 140% to 33% over the past 5 years.
Debt Coverage: 9232's debt is well covered by operating cash flow (55%).
Interest Coverage: 9232 earns more interest than it pays, so coverage of interest payments is not a concern.