Urbanet CorporationLtd Balance Sheet Health
Financial Health criteria checks 4/6
UrbanetLtd has a total shareholder equity of ¥15.1B and total debt of ¥29.2B, which brings its debt-to-equity ratio to 193.6%. Its total assets and total liabilities are ¥47.0B and ¥31.9B respectively. UrbanetLtd's EBIT is ¥2.7B making its interest coverage ratio 11.6. It has cash and short-term investments of ¥8.5B.
Key information
193.6%
Debt to equity ratio
JP¥29.17b
Debt
Interest coverage ratio | 11.6x |
Cash | JP¥8.53b |
Equity | JP¥15.06b |
Total liabilities | JP¥31.91b |
Total assets | JP¥46.97b |
Recent financial health updates
These 4 Measures Indicate That Urbanet CorporationLtd (TYO:3242) Is Using Debt Extensively
Mar 08Urbanet CorporationLtd (TYO:3242) Takes On Some Risk With Its Use Of Debt
Nov 29Recent updates
Urbanet CorporationLtd (TSE:3242) Has Announced A Dividend Of ¥10.00
Oct 10A Look At The Intrinsic Value Of Urbanet Corporation Co.,Ltd. (TSE:3242)
Aug 06Urbanet CorporationLtd (TSE:3242) Has Announced A Dividend Of ¥10.00
Jun 05Urbanet CorporationLtd (TSE:3242) Has Announced A Dividend Of ¥10.00
Apr 25Urbanet CorporationLtd (TSE:3242) Has Affirmed Its Dividend Of ¥10.00
Mar 11Urbanet CorporationLtd's (TSE:3242) Dividend Will Be ¥10.00
Feb 26Do Urbanet CorporationLtd's (TYO:3242) Earnings Warrant Your Attention?
Mar 30These 4 Measures Indicate That Urbanet CorporationLtd (TYO:3242) Is Using Debt Extensively
Mar 08If You Had Bought Urbanet CorporationLtd's (TYO:3242) Shares A Year Ago You Would Be Down 28%
Feb 01Urbanet CorporationLtd (TYO:3242) Takes On Some Risk With Its Use Of Debt
Nov 29Financial Position Analysis
Short Term Liabilities: 3242's short term assets (¥39.4B) exceed its short term liabilities (¥13.8B).
Long Term Liabilities: 3242's short term assets (¥39.4B) exceed its long term liabilities (¥18.1B).
Debt to Equity History and Analysis
Debt Level: 3242's net debt to equity ratio (137%) is considered high.
Reducing Debt: 3242's debt to equity ratio has reduced from 216.1% to 193.6% over the past 5 years.
Debt Coverage: 3242's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 3242's interest payments on its debt are well covered by EBIT (11.6x coverage).