Bookoff Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Bookoff Group Holdings has a total shareholder equity of ¥20.7B and total debt of ¥19.3B, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are ¥53.3B and ¥32.6B respectively. Bookoff Group Holdings's EBIT is ¥2.9B making its interest coverage ratio 15.2. It has cash and short-term investments of ¥6.7B.
Key information
93.5%
Debt to equity ratio
JP¥19.35b
Debt
Interest coverage ratio | 15.2x |
Cash | JP¥6.72b |
Equity | JP¥20.69b |
Total liabilities | JP¥32.59b |
Total assets | JP¥53.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9278's short term assets (¥31.5B) exceed its short term liabilities (¥20.1B).
Long Term Liabilities: 9278's short term assets (¥31.5B) exceed its long term liabilities (¥12.5B).
Debt to Equity History and Analysis
Debt Level: 9278's net debt to equity ratio (61.1%) is considered high.
Reducing Debt: 9278's debt to equity ratio has reduced from 139.6% to 93.5% over the past 5 years.
Debt Coverage: 9278's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: 9278's interest payments on its debt are well covered by EBIT (15.2x coverage).