Bourbon Balance Sheet Health
Financial Health criteria checks 5/6
Bourbon has a total shareholder equity of ¥57.5B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are ¥88.9B and ¥31.4B respectively. Bourbon's EBIT is ¥5.5B making its interest coverage ratio -80.2. It has cash and short-term investments of ¥15.6B.
Key information
7.9%
Debt to equity ratio
JP¥4.52b
Debt
| Interest coverage ratio | -80.2x |
| Cash | JP¥15.57b |
| Equity | JP¥57.53b |
| Total liabilities | JP¥31.37b |
| Total assets | JP¥88.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2208's short term assets (¥40.5B) exceed its short term liabilities (¥22.8B).
Long Term Liabilities: 2208's short term assets (¥40.5B) exceed its long term liabilities (¥8.6B).
Debt to Equity History and Analysis
Debt Level: 2208 has more cash than its total debt.
Reducing Debt: 2208's debt to equity ratio has increased from 4.7% to 7.9% over the past 5 years.
Debt Coverage: 2208's debt is well covered by operating cash flow (206.7%).
Interest Coverage: 2208 earns more interest than it pays, so coverage of interest payments is not a concern.