Commerce One Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Commerce One Holdings has a total shareholder equity of ¥2.8B and total debt of ¥47.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ¥3.7B and ¥941.9M respectively. Commerce One Holdings's EBIT is ¥679.1M making its interest coverage ratio -29.5. It has cash and short-term investments of ¥1.8B.
Key information
1.7%
Debt to equity ratio
JP¥47.00m
Debt
| Interest coverage ratio | -29.5x |
| Cash | JP¥1.77b |
| Equity | JP¥2.80b |
| Total liabilities | JP¥941.88m |
| Total assets | JP¥3.74b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4496's short term assets (¥2.2B) exceed its short term liabilities (¥817.8M).
Long Term Liabilities: 4496's short term assets (¥2.2B) exceed its long term liabilities (¥124.1M).
Debt to Equity History and Analysis
Debt Level: 4496 has more cash than its total debt.
Reducing Debt: 4496's debt to equity ratio has reduced from 10.5% to 1.7% over the past 5 years.
Debt Coverage: 4496's debt is well covered by operating cash flow (1414%).
Interest Coverage: 4496 earns more interest than it pays, so coverage of interest payments is not a concern.