Biken Techno Balance Sheet Health
Financial Health criteria checks 5/6
Biken Techno has a total shareholder equity of ¥19.4B and total debt of ¥15.2B, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are ¥42.8B and ¥23.4B respectively. Biken Techno's EBIT is ¥2.0B making its interest coverage ratio -153.2. It has cash and short-term investments of ¥10.6B.
Key information
78.3%
Debt to equity ratio
JP¥15.20b
Debt
Interest coverage ratio | -153.2x |
Cash | JP¥10.56b |
Equity | JP¥19.41b |
Total liabilities | JP¥23.37b |
Total assets | JP¥42.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9791's short term assets (¥19.8B) exceed its short term liabilities (¥13.4B).
Long Term Liabilities: 9791's short term assets (¥19.8B) exceed its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: 9791's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 9791's debt to equity ratio has reduced from 85.7% to 78.3% over the past 5 years.
Debt Coverage: 9791's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 9791 earns more interest than it pays, so coverage of interest payments is not a concern.