Belc Balance Sheet Health
Financial Health criteria checks 3/6
Belc has a total shareholder equity of ¥100.0B and total debt of ¥34.3B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are ¥184.4B and ¥84.4B respectively. Belc's EBIT is ¥14.5B making its interest coverage ratio 162.9. It has cash and short-term investments of ¥17.0B.
Key information
34.3%
Debt to equity ratio
JP¥34.27b
Debt
Interest coverage ratio | 162.9x |
Cash | JP¥17.03b |
Equity | JP¥99.96b |
Total liabilities | JP¥84.40b |
Total assets | JP¥184.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9974's short term assets (¥36.9B) do not cover its short term liabilities (¥45.4B).
Long Term Liabilities: 9974's short term assets (¥36.9B) do not cover its long term liabilities (¥39.0B).
Debt to Equity History and Analysis
Debt Level: 9974's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: 9974's debt to equity ratio has increased from 28.6% to 34.3% over the past 5 years.
Debt Coverage: 9974's debt is well covered by operating cash flow (61.5%).
Interest Coverage: 9974's interest payments on its debt are well covered by EBIT (162.9x coverage).