Biken Techno Balance Sheet Health
Financial Health criteria checks 6/6
Biken Techno has a total shareholder equity of ¥20.8B and total debt of ¥11.5B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are ¥41.2B and ¥20.4B respectively. Biken Techno's EBIT is ¥2.3B making its interest coverage ratio -225.8. It has cash and short-term investments of ¥11.8B.
Key information
55.4%
Debt to equity ratio
JP¥11.52b
Debt
Interest coverage ratio | -225.8x |
Cash | JP¥11.81b |
Equity | JP¥20.81b |
Total liabilities | JP¥20.38b |
Total assets | JP¥41.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9791's short term assets (¥20.1B) exceed its short term liabilities (¥10.7B).
Long Term Liabilities: 9791's short term assets (¥20.1B) exceed its long term liabilities (¥9.7B).
Debt to Equity History and Analysis
Debt Level: 9791 has more cash than its total debt.
Reducing Debt: 9791's debt to equity ratio has reduced from 89.6% to 55.4% over the past 5 years.
Debt Coverage: 9791's debt is well covered by operating cash flow (30.4%).
Interest Coverage: 9791 earns more interest than it pays, so coverage of interest payments is not a concern.