Urbanet CorporationLtd Balance Sheet Health
Financial Health criteria checks 4/6
UrbanetLtd has a total shareholder equity of ¥15.9B and total debt of ¥30.3B, which brings its debt-to-equity ratio to 190.9%. Its total assets and total liabilities are ¥49.8B and ¥33.9B respectively. UrbanetLtd's EBIT is ¥3.2B making its interest coverage ratio 15.8. It has cash and short-term investments of ¥9.2B.
Key information
190.9%
Debt to equity ratio
JP¥30.32b
Debt
Interest coverage ratio | 15.8x |
Cash | JP¥9.23b |
Equity | JP¥15.89b |
Total liabilities | JP¥33.88b |
Total assets | JP¥49.76b |
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
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 (¥41.8B) exceed its short term liabilities (¥13.8B).
Long Term Liabilities: 3242's short term assets (¥41.8B) exceed its long term liabilities (¥20.1B).
Debt to Equity History and Analysis
Debt Level: 3242's net debt to equity ratio (132.7%) is considered high.
Reducing Debt: 3242's debt to equity ratio has reduced from 214.6% to 190.9% over the past 5 years.
Debt Coverage: 3242's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 3242's interest payments on its debt are well covered by EBIT (15.8x coverage).