Computer Engineering & Consulting Balance Sheet Health
Financial Health criteria checks 6/6
Computer Engineering & Consulting has a total shareholder equity of ¥40.8B and total debt of ¥363.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ¥51.4B and ¥10.6B respectively. Computer Engineering & Consulting's EBIT is ¥6.4B making its interest coverage ratio -276.6. It has cash and short-term investments of ¥26.7B.
Key information
0.9%
Debt to equity ratio
JP¥363.00m
Debt
Interest coverage ratio | -276.6x |
Cash | JP¥26.71b |
Equity | JP¥40.79b |
Total liabilities | JP¥10.61b |
Total assets | JP¥51.39b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9692's short term assets (¥39.0B) exceed its short term liabilities (¥9.0B).
Long Term Liabilities: 9692's short term assets (¥39.0B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 9692 has more cash than its total debt.
Reducing Debt: 9692's debt to equity ratio has reduced from 1.5% to 0.9% over the past 5 years.
Debt Coverage: 9692's debt is well covered by operating cash flow (1565.3%).
Interest Coverage: 9692 earns more interest than it pays, so coverage of interest payments is not a concern.