CareerIndex Balance Sheet Health
Financial Health criteria checks 5/6
CareerIndex has a total shareholder equity of ¥2.1B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are ¥4.0B and ¥1.9B respectively. CareerIndex's EBIT is ¥67.0M making its interest coverage ratio 8.4. It has cash and short-term investments of ¥990.0M.
Key information
58.7%
Debt to equity ratio
JP¥1.23b
Debt
Interest coverage ratio | 8.4x |
Cash | JP¥990.00m |
Equity | JP¥2.09b |
Total liabilities | JP¥1.94b |
Total assets | JP¥4.02b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6538's short term assets (¥1.6B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 6538's short term assets (¥1.6B) exceed its long term liabilities (¥857.0M).
Debt to Equity History and Analysis
Debt Level: 6538's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6538's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 6538 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6538 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.6% per year.