Japan Best Rescue SystemLtd Balance Sheet Health
Financial Health criteria checks 6/6
Japan Best Rescue SystemLtd has a total shareholder equity of ¥11.3B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are ¥27.7B and ¥16.4B respectively. Japan Best Rescue SystemLtd's EBIT is ¥1.6B making its interest coverage ratio -22.4. It has cash and short-term investments of ¥13.3B.
Key information
10.6%
Debt to equity ratio
JP¥1.19b
Debt
| Interest coverage ratio | -22.4x |
| Cash | JP¥13.27b |
| Equity | JP¥11.29b |
| Total liabilities | JP¥16.43b |
| Total assets | JP¥27.73b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2453's short term assets (¥15.4B) exceed its short term liabilities (¥7.4B).
Long Term Liabilities: 2453's short term assets (¥15.4B) exceed its long term liabilities (¥9.1B).
Debt to Equity History and Analysis
Debt Level: 2453 has more cash than its total debt.
Reducing Debt: 2453's debt to equity ratio has reduced from 11.5% to 10.6% over the past 5 years.
Debt Coverage: 2453's debt is well covered by operating cash flow (180.7%).
Interest Coverage: 2453 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/02/22 02:10 |
| End of Day Share Price | 2024/02/22 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Japan Best Rescue System Co.,Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jiro Kojima | Daiwa Securities Co. Ltd. |
| Nobuo Kurahashi | Ichiyoshi Research Institute Inc. |