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.