Japan Business Systems Balance Sheet Health
Financial Health criteria checks 5/6
Japan Business Systems has a total shareholder equity of ¥22.2B and total debt of ¥11.9B, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are ¥53.4B and ¥31.2B respectively. Japan Business Systems's EBIT is ¥4.5B making its interest coverage ratio 57.6. It has cash and short-term investments of ¥3.6B.
Key information
53.4%
Debt to equity ratio
JP¥11.85b
Debt
Interest coverage ratio | 57.6x |
Cash | JP¥3.58b |
Equity | JP¥22.18b |
Total liabilities | JP¥31.23b |
Total assets | JP¥53.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5036's short term assets (¥28.8B) exceed its short term liabilities (¥21.3B).
Long Term Liabilities: 5036's short term assets (¥28.8B) exceed its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: 5036's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 5036's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5036's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 5036's interest payments on its debt are well covered by EBIT (57.6x coverage).