Aoba-BBT Balance Sheet Health
Financial Health criteria checks 5/6
Aoba-BBT has a total shareholder equity of ¥4.7B and total debt of ¥143.0M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ¥7.6B and ¥3.0B respectively. Aoba-BBT's EBIT is ¥409.0M making its interest coverage ratio 204.5. It has cash and short-term investments of ¥2.4B.
Key information
3.1%
Debt to equity ratio
JP¥143.00m
Debt
Interest coverage ratio | 204.5x |
Cash | JP¥2.43b |
Equity | JP¥4.66b |
Total liabilities | JP¥2.97b |
Total assets | JP¥7.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2464's short term assets (¥3.1B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 2464's short term assets (¥3.1B) exceed its long term liabilities (¥433.0M).
Debt to Equity History and Analysis
Debt Level: 2464 has more cash than its total debt.
Reducing Debt: 2464's debt to equity ratio has reduced from 20.3% to 3.1% over the past 5 years.
Debt Coverage: 2464's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2464's interest payments on its debt are well covered by EBIT (204.5x coverage).