Broad-mindedLtd Balance Sheet Health
Financial Health criteria checks 5/6
Broad-mindedLtd has a total shareholder equity of ¥3.7B and total debt of ¥3.0M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are ¥4.6B and ¥937.0M respectively. Broad-mindedLtd's EBIT is ¥502.0M making its interest coverage ratio -13.6. It has cash and short-term investments of ¥1.6B.
Key information
0.08%
Debt to equity ratio
JP¥3.00m
Debt
Interest coverage ratio | -13.6x |
Cash | JP¥1.61b |
Equity | JP¥3.71b |
Total liabilities | JP¥937.00m |
Total assets | JP¥4.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7343's short term assets (¥3.8B) exceed its short term liabilities (¥927.0M).
Long Term Liabilities: 7343's short term assets (¥3.8B) exceed its long term liabilities (¥10.0M).
Debt to Equity History and Analysis
Debt Level: 7343 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 7343's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7343's debt is well covered by operating cash flow (2433.3%).
Interest Coverage: 7343 earns more interest than it pays, so coverage of interest payments is not a concern.