Bourbon Balance Sheet Health
Financial Health criteria checks 5/6
Bourbon has a total shareholder equity of ¥56.4B and total debt of ¥4.8B, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are ¥94.2B and ¥37.8B respectively. Bourbon's EBIT is ¥3.8B making its interest coverage ratio -44. It has cash and short-term investments of ¥19.6B.
Key information
8.5%
Debt to equity ratio
JP¥4.78b
Debt
Interest coverage ratio | -44x |
Cash | JP¥19.59b |
Equity | JP¥56.43b |
Total liabilities | JP¥37.80b |
Total assets | JP¥94.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2208's short term assets (¥45.5B) exceed its short term liabilities (¥29.0B).
Long Term Liabilities: 2208's short term assets (¥45.5B) exceed its long term liabilities (¥8.8B).
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 5% to 8.5% over the past 5 years.
Debt Coverage: 2208's debt is well covered by operating cash flow (205.4%).
Interest Coverage: 2208 earns more interest than it pays, so coverage of interest payments is not a concern.