Computer Mind Balance Sheet Health
Financial Health criteria checks 6/6
Computer Mind has a total shareholder equity of ¥140.0M and total debt of ¥82.0M, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are ¥290.0M and ¥150.0M respectively. Computer Mind's EBIT is ¥42.0M making its interest coverage ratio 84. It has cash and short-term investments of ¥157.0M.
Key information
58.6%
Debt to equity ratio
JP¥82.00m
Debt
| Interest coverage ratio | 84x |
| Cash | JP¥157.00m |
| Equity | JP¥140.00m |
| Total liabilities | JP¥150.00m |
| Total assets | JP¥290.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2452's short term assets (¥220.0M) exceed its short term liabilities (¥86.0M).
Long Term Liabilities: 2452's short term assets (¥220.0M) exceed its long term liabilities (¥64.0M).
Debt to Equity History and Analysis
Debt Level: 2452 has more cash than its total debt.
Reducing Debt: 2452's debt to equity ratio has reduced from 267.9% to 58.6% over the past 5 years.
Debt Coverage: 2452's debt is well covered by operating cash flow (50%).
Interest Coverage: 2452's interest payments on its debt are well covered by EBIT (84x coverage).