System Support Balance Sheet Health
Financial Health criteria checks 6/6
System Support has a total shareholder equity of ¥4.8B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are ¥11.2B and ¥6.4B respectively. System Support's EBIT is ¥1.7B making its interest coverage ratio 77.9. It has cash and short-term investments of ¥4.4B.
Key information
50.5%
Debt to equity ratio
JP¥2.42b
Debt
| Interest coverage ratio | 77.9x |
| Cash | JP¥4.37b |
| Equity | JP¥4.80b |
| Total liabilities | JP¥6.41b |
| Total assets | JP¥11.21b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4396's short term assets (¥8.7B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 4396's short term assets (¥8.7B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 4396 has more cash than its total debt.
Reducing Debt: 4396's debt to equity ratio has reduced from 58.9% to 50.5% over the past 5 years.
Debt Coverage: 4396's debt is well covered by operating cash flow (60.6%).
Interest Coverage: 4396's interest payments on its debt are well covered by EBIT (77.9x coverage).