Bull-Dog Sauce Balance Sheet Health
Financial Health criteria checks 4/6
Bull-Dog Sauce has a total shareholder equity of ¥20.9B and total debt of ¥5.6B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are ¥33.0B and ¥12.1B respectively. Bull-Dog Sauce's EBIT is ¥425.0M making its interest coverage ratio -2.4. It has cash and short-term investments of ¥1.0B.
Key information
26.6%
Debt to equity ratio
JP¥5.55b
Debt
Interest coverage ratio | -2.4x |
Cash | JP¥1.04b |
Equity | JP¥20.86b |
Total liabilities | JP¥12.13b |
Total assets | JP¥32.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2804's short term assets (¥8.3B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 2804's short term assets (¥8.3B) exceed its long term liabilities (¥6.7B).
Debt to Equity History and Analysis
Debt Level: 2804's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 2804's debt to equity ratio has increased from 2.3% to 26.6% over the past 5 years.
Debt Coverage: 2804's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2804 earns more interest than it pays, so coverage of interest payments is not a concern.