Biken Techno Balance Sheet Health
Financial Health criteria checks 6/6
Biken Techno has a total shareholder equity of ¥21.0B and total debt of ¥10.2B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are ¥39.2B and ¥18.2B respectively. Biken Techno's EBIT is ¥2.2B making its interest coverage ratio -1079. It has cash and short-term investments of ¥9.5B.
Key information
48.4%
Debt to equity ratio
JP¥10.17b
Debt
| Interest coverage ratio | -1079x |
| Cash | JP¥9.51b |
| Equity | JP¥21.03b |
| Total liabilities | JP¥18.15b |
| Total assets | JP¥39.18b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9791's short term assets (¥18.1B) exceed its short term liabilities (¥9.0B).
Long Term Liabilities: 9791's short term assets (¥18.1B) exceed its long term liabilities (¥9.1B).
Debt to Equity History and Analysis
Debt Level: 9791's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 9791's debt to equity ratio has reduced from 99.5% to 48.4% over the past 5 years.
Debt Coverage: 9791's debt is well covered by operating cash flow (34.5%).
Interest Coverage: 9791 earns more interest than it pays, so coverage of interest payments is not a concern.