Baroque Japan Balance Sheet Health
Financial Health criteria checks 5/6
Baroque Japan has a total shareholder equity of ¥22.2B and total debt of ¥8.0B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are ¥37.3B and ¥15.1B respectively. Baroque Japan's EBIT is ¥2.0B making its interest coverage ratio 115. It has cash and short-term investments of ¥12.2B.
Key information
36.0%
Debt to equity ratio
JP¥8.00b
Debt
Interest coverage ratio | 115x |
Cash | JP¥12.18b |
Equity | JP¥22.20b |
Total liabilities | JP¥15.06b |
Total assets | JP¥37.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3548's short term assets (¥27.7B) exceed its short term liabilities (¥7.0B).
Long Term Liabilities: 3548's short term assets (¥27.7B) exceed its long term liabilities (¥8.0B).
Debt to Equity History and Analysis
Debt Level: 3548 has more cash than its total debt.
Reducing Debt: 3548's debt to equity ratio has reduced from 49.1% to 36% over the past 5 years.
Debt Coverage: 3548's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 3548's interest payments on its debt are well covered by EBIT (115x coverage).