Comture Balance Sheet Health
Financial Health criteria checks 6/6
Comture has a total shareholder equity of ¥16.2B and total debt of ¥200.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥21.8B and ¥5.6B respectively. Comture's EBIT is ¥4.4B making its interest coverage ratio -246.9. It has cash and short-term investments of ¥11.0B.
Key information
1.2%
Debt to equity ratio
JP¥200.00m
Debt
Interest coverage ratio | -246.9x |
Cash | JP¥11.03b |
Equity | JP¥16.16b |
Total liabilities | JP¥5.60b |
Total assets | JP¥21.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3844's short term assets (¥17.5B) exceed its short term liabilities (¥4.7B).
Long Term Liabilities: 3844's short term assets (¥17.5B) exceed its long term liabilities (¥905.0M).
Debt to Equity History and Analysis
Debt Level: 3844 has more cash than its total debt.
Reducing Debt: 3844's debt to equity ratio has reduced from 10.2% to 1.2% over the past 5 years.
Debt Coverage: 3844's debt is well covered by operating cash flow (1362%).
Interest Coverage: 3844 earns more interest than it pays, so coverage of interest payments is not a concern.