BalnibarbiLtd Balance Sheet Health
Financial Health criteria checks 4/6
BalnibarbiLtd has a total shareholder equity of ¥3.4B and total debt of ¥4.2B, which brings its debt-to-equity ratio to 122.3%. Its total assets and total liabilities are ¥10.2B and ¥6.7B respectively. BalnibarbiLtd's EBIT is ¥647.0M making its interest coverage ratio 24. It has cash and short-term investments of ¥1.9B.
Key information
122.3%
Debt to equity ratio
JP¥4.19b
Debt
| Interest coverage ratio | 24x |
| Cash | JP¥1.85b |
| Equity | JP¥3.43b |
| Total liabilities | JP¥6.74b |
| Total assets | JP¥10.17b |
Financial Position Analysis
Short Term Liabilities: 3418's short term assets (¥4.5B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 3418's short term assets (¥4.5B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 3418's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: 3418's debt to equity ratio has reduced from 130.1% to 122.3% over the past 5 years.
Debt Coverage: 3418's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 3418's interest payments on its debt are well covered by EBIT (24x coverage).