B-R 31 Ice CreamLtd Balance Sheet Health
Financial Health criteria checks 5/6
B-R 31 Ice CreamLtd has a total shareholder equity of ¥12.4B and total debt of ¥686.0M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ¥20.1B and ¥7.7B respectively. B-R 31 Ice CreamLtd's EBIT is ¥1.9B making its interest coverage ratio 210.6. It has cash and short-term investments of ¥5.2B.
Key information
5.5%
Debt to equity ratio
JP¥686.00m
Debt
| Interest coverage ratio | 210.6x |
| Cash | JP¥5.17b |
| Equity | JP¥12.40b |
| Total liabilities | JP¥7.71b |
| Total assets | JP¥20.11b |
Recent financial health updates
B-R 31 Ice CreamLtd (TYO:2268) Seems To Use Debt Rather Sparingly
Mar 09
Is B-R 31 Ice CreamLtd (TYO:2268) Using Too Much Debt?
Dec 03Recent updates
B-R 31 Ice CreamLtd (TYO:2268) Is Doing The Right Things To Multiply Its Share Price
Apr 25Why B-R 31 Ice CreamLtd's (TYO:2268) Earnings Are Better Than They Seem
Mar 30B-R 31 Ice CreamLtd (TYO:2268) Seems To Use Debt Rather Sparingly
Mar 09What We Make Of B-R 31 Ice CreamLtd's (TYO:2268) Returns On Capital
Jan 07
Is B-R 31 Ice CreamLtd (TYO:2268) Using Too Much Debt?
Dec 03Financial Position Analysis
Short Term Liabilities: 2268's short term assets (¥10.7B) exceed its short term liabilities (¥5.6B).
Long Term Liabilities: 2268's short term assets (¥10.7B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 2268 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2268's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2268's debt is well covered by operating cash flow (396.8%).
Interest Coverage: 2268's interest payments on its debt are well covered by EBIT (210.6x coverage).