Computer Engineering & Consulting Balance Sheet Health
Financial Health criteria checks 6/6
Computer Engineering & Consulting has a total shareholder equity of ¥41.4B and total debt of ¥363.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ¥52.6B and ¥11.2B respectively. Computer Engineering & Consulting's EBIT is ¥6.4B making its interest coverage ratio -280. It has cash and short-term investments of ¥28.3B.
Key information
0.9%
Debt to equity ratio
JP¥363.00m
Debt
Interest coverage ratio | -280x |
Cash | JP¥28.26b |
Equity | JP¥41.39b |
Total liabilities | JP¥11.22b |
Total assets | JP¥52.61b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9692's short term assets (¥39.6B) exceed its short term liabilities (¥9.6B).
Long Term Liabilities: 9692's short term assets (¥39.6B) 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.