XNET Balance Sheet Health
Financial Health criteria checks 4/6
XNET has a total shareholder equity of ¥2.7B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 92.7%. Its total assets and total liabilities are ¥6.4B and ¥3.7B respectively. XNET's EBIT is ¥935.0M making its interest coverage ratio -42.5. It has cash and short-term investments of ¥1.6B.
Key information
92.7%
Debt to equity ratio
JP¥2.50b
Debt
| Interest coverage ratio | -42.5x |
| Cash | JP¥1.62b |
| Equity | JP¥2.70b |
| Total liabilities | JP¥3.70b |
| Total assets | JP¥6.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4762's short term assets (¥2.0B) do not cover its short term liabilities (¥3.1B).
Long Term Liabilities: 4762's short term assets (¥2.0B) exceed its long term liabilities (¥614.0M).
Debt to Equity History and Analysis
Debt Level: 4762's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: 4762's debt to equity ratio has increased from 0% to 92.7% over the past 5 years.
Debt Coverage: 4762's debt is well covered by operating cash flow (48.5%).
Interest Coverage: 4762 earns more interest than it pays, so coverage of interest payments is not a concern.