CareNet Balance Sheet Health
Financial Health criteria checks 5/6
CareNet has a total shareholder equity of ¥11.4B and total debt of ¥136.9M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥13.6B and ¥2.2B respectively. CareNet's EBIT is ¥2.1B making its interest coverage ratio -144.1. It has cash and short-term investments of ¥7.1B.
Key information
1.2%
Debt to equity ratio
JP¥136.94m
Debt
| Interest coverage ratio | -144.1x |
| Cash | JP¥7.15b |
| Equity | JP¥11.42b |
| Total liabilities | JP¥2.17b |
| Total assets | JP¥13.58b |
Recent financial health updates
Recent updates
CareNet (TSE:2150) Will Pay A Dividend Of ¥12.00
Dec 03
Investors Appear Satisfied With CareNet, Inc.'s (TSE:2150) Prospects As Shares Rocket 40%
Sep 02CareNet (TSE:2150) Will Pay A Dividend Of ¥12.00
Aug 30Some May Be Optimistic About CareNet's (TSE:2150) Earnings
Aug 20CareNet (TSE:2150) Is Due To Pay A Dividend Of ¥12.00
Aug 16Financial Position Analysis
Short Term Liabilities: 2150's short term assets (¥9.5B) exceed its short term liabilities (¥1.9B).
Long Term Liabilities: 2150's short term assets (¥9.5B) exceed its long term liabilities (¥265.2M).
Debt to Equity History and Analysis
Debt Level: 2150 has more cash than its total debt.
Reducing Debt: 2150's debt to equity ratio has increased from 0% to 1.2% over the past 5 years.
Debt Coverage: 2150's debt is well covered by operating cash flow (1378.7%).
Interest Coverage: 2150 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CareNet, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Akinori Ueda | Goldman Sachs |
| Kazuki Furuyama | Mizuho Securities Co., Ltd. |
| null null | Storm Research Limited |