System ResearchLtd Balance Sheet Health
Financial Health criteria checks 6/6
System ResearchLtd has a total shareholder equity of ¥10.0B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are ¥14.9B and ¥4.9B respectively. System ResearchLtd's EBIT is ¥2.7B making its interest coverage ratio 337.6. It has cash and short-term investments of ¥7.6B.
Key information
16.8%
Debt to equity ratio
JP¥1.69b
Debt
Interest coverage ratio | 337.6x |
Cash | JP¥7.63b |
Equity | JP¥10.03b |
Total liabilities | JP¥4.91b |
Total assets | JP¥14.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3771's short term assets (¥11.9B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 3771's short term assets (¥11.9B) exceed its long term liabilities (¥613.0M).
Debt to Equity History and Analysis
Debt Level: 3771 has more cash than its total debt.
Reducing Debt: 3771's debt to equity ratio has reduced from 36.3% to 16.8% over the past 5 years.
Debt Coverage: 3771's debt is well covered by operating cash flow (128%).
Interest Coverage: 3771's interest payments on its debt are well covered by EBIT (337.6x coverage).