Convano Balance Sheet Health
Financial Health criteria checks 5/6
Convano has a total shareholder equity of ¥1.6B and total debt of ¥408.0M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are ¥3.0B and ¥1.4B respectively.
Key information
24.8%
Debt to equity ratio
JP¥408.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥923.00m |
| Equity | JP¥1.64b |
| Total liabilities | JP¥1.36b |
| Total assets | JP¥3.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6574's short term assets (¥1.2B) exceed its short term liabilities (¥686.0M).
Long Term Liabilities: 6574's short term assets (¥1.2B) exceed its long term liabilities (¥672.0M).
Debt to Equity History and Analysis
Debt Level: 6574 has more cash than its total debt.
Reducing Debt: 6574's debt to equity ratio has reduced from 50.1% to 24.8% over the past 5 years.
Debt Coverage: 6574's debt is well covered by operating cash flow (82.4%).
Interest Coverage: Insufficient data to determine if 6574's interest payments on its debt are well covered by EBIT.