Cube System Balance Sheet Health
Financial Health criteria checks 6/6
Cube System has a total shareholder equity of ¥10.1B and total debt of ¥230.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ¥13.5B and ¥3.4B respectively. Cube System's EBIT is ¥1.5B making its interest coverage ratio -64. It has cash and short-term investments of ¥6.8B.
Key information
2.3%
Debt to equity ratio
JP¥230.00m
Debt
Interest coverage ratio | -64x |
Cash | JP¥6.84b |
Equity | JP¥10.13b |
Total liabilities | JP¥3.36b |
Total assets | JP¥13.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2335's short term assets (¥10.0B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 2335's short term assets (¥10.0B) exceed its long term liabilities (¥896.0M).
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 4.5% to 2.3% over the past 5 years.
Debt Coverage: 2335's debt is well covered by operating cash flow (539.6%).
Interest Coverage: 2335 earns more interest than it pays, so coverage of interest payments is not a concern.