Pasco Balance Sheet Health
Financial Health criteria checks 5/6
Pasco has a total shareholder equity of ¥32.9B and total debt of ¥27.7B, which brings its debt-to-equity ratio to 84.3%. Its total assets and total liabilities are ¥74.1B and ¥41.3B respectively. Pasco's EBIT is ¥5.3B making its interest coverage ratio 758. It has cash and short-term investments of ¥19.7B.
Key information
84.3%
Debt to equity ratio
JP¥27.70b
Debt
| Interest coverage ratio | 758x |
| Cash | JP¥19.73b |
| Equity | JP¥32.87b |
| Total liabilities | JP¥41.25b |
| Total assets | JP¥74.12b |
Financial Position Analysis
Short Term Liabilities: 9232's short term assets (¥60.8B) exceed its short term liabilities (¥29.7B).
Long Term Liabilities: 9232's short term assets (¥60.8B) exceed its long term liabilities (¥11.6B).
Debt to Equity History and Analysis
Debt Level: 9232's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: 9232's debt to equity ratio has reduced from 241.7% to 84.3% over the past 5 years.
Debt Coverage: 9232's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 9232's interest payments on its debt are well covered by EBIT (758x coverage).