Billing System Balance Sheet Health
Financial Health criteria checks 6/6
Billing System has a total shareholder equity of ¥2.6B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥21.3B and ¥18.7B respectively. Billing System's EBIT is ¥466.0M making its interest coverage ratio 233. It has cash and short-term investments of ¥19.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 233x |
Cash | JP¥19.58b |
Equity | JP¥2.61b |
Total liabilities | JP¥18.68b |
Total assets | JP¥21.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3623's short term assets (¥20.9B) exceed its short term liabilities (¥18.6B).
Long Term Liabilities: 3623's short term assets (¥20.9B) exceed its long term liabilities (¥77.0M).
Debt to Equity History and Analysis
Debt Level: 3623 is debt free.
Reducing Debt: 3623 has no debt compared to 5 years ago when its debt to equity ratio was 3.3%.
Debt Coverage: 3623 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3623 has no debt, therefore coverage of interest payments is not a concern.