Core Concept Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Core Concept Technologies has a total shareholder equity of ¥3.2B and total debt of ¥148.0M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ¥6.1B and ¥2.9B respectively. Core Concept Technologies's EBIT is ¥1.7B making its interest coverage ratio 1745. It has cash and short-term investments of ¥1.8B.
Key information
4.6%
Debt to equity ratio
JP¥148.00m
Debt
Interest coverage ratio | 1745x |
Cash | JP¥1.82b |
Equity | JP¥3.21b |
Total liabilities | JP¥2.90b |
Total assets | JP¥6.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4371's short term assets (¥4.7B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 4371's short term assets (¥4.7B) exceed its long term liabilities (¥146.0M).
Debt to Equity History and Analysis
Debt Level: 4371 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4371's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4371's debt is well covered by operating cash flow (785.1%).
Interest Coverage: 4371's interest payments on its debt are well covered by EBIT (1745x coverage).