Cube System Balance Sheet Health
Financial Health criteria checks 6/6
Cube System has a total shareholder equity of ¥10.5B and total debt of ¥230.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ¥13.8B and ¥3.3B respectively. Cube System's EBIT is ¥1.3B making its interest coverage ratio -51. It has cash and short-term investments of ¥6.4B.
Key information
2.2%
Debt to equity ratio
JP¥230.00m
Debt
| Interest coverage ratio | -51x |
| Cash | JP¥6.39b |
| Equity | JP¥10.51b |
| Total liabilities | JP¥3.29b |
| Total assets | JP¥13.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2335's short term assets (¥9.6B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 2335's short term assets (¥9.6B) exceed its long term liabilities (¥958.0M).
Debt to Equity History and Analysis
Debt Level: 2335 has more cash than its total debt.
Reducing Debt: 2335's debt to equity ratio has reduced from 4.4% to 2.2% over the past 5 years.
Debt Coverage: 2335's debt is well covered by operating cash flow (139.6%).
Interest Coverage: 2335 earns more interest than it pays, so coverage of interest payments is not a concern.