Birdman Balance Sheet Health
Financial Health criteria checks 2/6
Birdman has a total shareholder equity of ¥338.0M and total debt of ¥1.7B, which brings its debt-to-equity ratio to 507.7%. Its total assets and total liabilities are ¥3.1B and ¥2.8B respectively.
Key information
507.7%
Debt to equity ratio
JP¥1.72b
Debt
Interest coverage ratio | n/a |
Cash | JP¥164.00m |
Equity | JP¥338.00m |
Total liabilities | JP¥2.78b |
Total assets | JP¥3.12b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7063's short term assets (¥2.9B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 7063's short term assets (¥2.9B) exceed its long term liabilities (¥583.0M).
Debt to Equity History and Analysis
Debt Level: 7063's net debt to equity ratio (459.2%) is considered high.
Reducing Debt: 7063's debt to equity ratio has increased from 16.2% to 507.7% 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: 7063 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 7063 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.6% each year