Berg EarthLtd Balance Sheet Health
Financial Health criteria checks 3/6
Berg EarthLtd has a total shareholder equity of ¥1.8B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 118.3%. Its total assets and total liabilities are ¥5.2B and ¥3.4B respectively. Berg EarthLtd's EBIT is ¥65.0M making its interest coverage ratio 7.2. It has cash and short-term investments of ¥889.0M.
Key information
118.3%
Debt to equity ratio
JP¥2.18b
Debt
| Interest coverage ratio | 7.2x |
| Cash | JP¥889.00m |
| Equity | JP¥1.84b |
| Total liabilities | JP¥3.35b |
| Total assets | JP¥5.19b |
Financial Position Analysis
Short Term Liabilities: 1383's short term assets (¥2.2B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 1383's short term assets (¥2.2B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 1383's net debt to equity ratio (70%) is considered high.
Reducing Debt: 1383's debt to equity ratio has increased from 117.5% to 118.3% over the past 5 years.
Debt Coverage: 1383's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 1383's interest payments on its debt are well covered by EBIT (7.2x coverage).