Business Brain Showa-Ota Balance Sheet Health
Financial Health criteria checks 6/6
Business Brain Showa-Ota has a total shareholder equity of ¥28.5B and total debt of ¥20.0M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are ¥42.3B and ¥13.7B respectively. Business Brain Showa-Ota's EBIT is ¥2.5B making its interest coverage ratio -31. It has cash and short-term investments of ¥11.7B.
Key information
0.07%
Debt to equity ratio
JP¥20.00m
Debt
| Interest coverage ratio | -31x |
| Cash | JP¥11.73b |
| Equity | JP¥28.54b |
| Total liabilities | JP¥13.71b |
| Total assets | JP¥42.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9658's short term assets (¥18.0B) exceed its short term liabilities (¥6.7B).
Long Term Liabilities: 9658's short term assets (¥18.0B) exceed its long term liabilities (¥7.0B).
Debt to Equity History and Analysis
Debt Level: 9658 has more cash than its total debt.
Reducing Debt: 9658's debt to equity ratio has reduced from 4.4% to 0.07% over the past 5 years.
Debt Coverage: 9658's debt is well covered by operating cash flow (13415%).
Interest Coverage: 9658 earns more interest than it pays, so coverage of interest payments is not a concern.