Bic Camera Balance Sheet Health
Financial Health criteria checks 6/6
Bic Camera has a total shareholder equity of ¥193.2B and total debt of ¥103.7B, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are ¥478.2B and ¥285.1B respectively. Bic Camera's EBIT is ¥24.4B making its interest coverage ratio -696.8. It has cash and short-term investments of ¥71.4B.
Key information
53.7%
Debt to equity ratio
JP¥103.74b
Debt
| Interest coverage ratio | -696.8x |
| Cash | JP¥71.40b |
| Equity | JP¥193.18b |
| Total liabilities | JP¥285.07b |
| Total assets | JP¥478.25b |
Recent financial health updates
Does Bic Camera (TSE:3048) Have A Healthy Balance Sheet?
Sep 27
We Think Bic Camera (TSE:3048) Can Stay On Top Of Its Debt
Jun 26Recent updates
Estimating The Fair Value Of Bic Camera Inc. (TSE:3048)
Nov 18The Strong Earnings Posted By Bic Camera (TSE:3048) Are A Good Indication Of The Strength Of The Business
Oct 20Does Bic Camera (TSE:3048) Have A Healthy Balance Sheet?
Sep 27Bic Camera Inc.'s (TSE:3048) P/E Is On The Mark
Sep 09Bic Camera's (TSE:3048) Upcoming Dividend Will Be Larger Than Last Year's
Aug 24Bic Camera (TSE:3048) Is Paying Out A Larger Dividend Than Last Year
Aug 10Bic Camera's (TSE:3048) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 12We Think Bic Camera (TSE:3048) Can Stay On Top Of Its Debt
Jun 26Bic Camera (TSE:3048) Is Paying Out A Larger Dividend Than Last Year
May 21Bic Camera's (TSE:3048) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 29Investors Can Find Comfort In Bic Camera's (TSE:3048) Earnings Quality
Apr 19Earnings Tell The Story For Bic Camera Inc. (TSE:3048) As Its Stock Soars 28%
Apr 16Bic Camera's (TSE:3048) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 15Bic Camera (TSE:3048) Will Pay A Dividend Of ¥9.00
Feb 27Financial Position Analysis
Short Term Liabilities: 3048's short term assets (¥263.5B) exceed its short term liabilities (¥213.0B).
Long Term Liabilities: 3048's short term assets (¥263.5B) exceed its long term liabilities (¥72.1B).
Debt to Equity History and Analysis
Debt Level: 3048's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: 3048's debt to equity ratio has reduced from 54.2% to 53.7% over the past 5 years.
Debt Coverage: 3048's debt is well covered by operating cash flow (40.5%).
Interest Coverage: 3048 earns more interest than it pays, so coverage of interest payments is not a concern.