QB Net HoldingsLtd Balance Sheet Health
Financial Health criteria checks 5/6
QB Net HoldingsLtd has a total shareholder equity of ¥14.0B and total debt of ¥9.4B, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are ¥32.4B and ¥18.5B respectively. QB Net HoldingsLtd's EBIT is ¥1.9B making its interest coverage ratio 11.7. It has cash and short-term investments of ¥5.5B.
Key information
67.7%
Debt to equity ratio
JP¥9.44b
Debt
| Interest coverage ratio | 11.7x |
| Cash | JP¥5.51b |
| Equity | JP¥13.95b |
| Total liabilities | JP¥18.48b |
| Total assets | JP¥32.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6571's short term assets (¥6.9B) exceed its short term liabilities (¥5.8B).
Long Term Liabilities: 6571's short term assets (¥6.9B) do not cover its long term liabilities (¥12.7B).
Debt to Equity History and Analysis
Debt Level: 6571's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: 6571's debt to equity ratio has reduced from 113.5% to 67.7% over the past 5 years.
Debt Coverage: 6571's debt is well covered by operating cash flow (51.4%).
Interest Coverage: 6571's interest payments on its debt are well covered by EBIT (11.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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
QB Net Holdings Co.,Ltd. is covered by 3 analysts. 2 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 |
|---|---|
| Satoru Sekine | Daiwa Securities Co. Ltd. |
| Hiroyuki Terada | Haitong International Research Limited |
| Masatoshi Nagata | Ichiyoshi Research Institute Inc. |