BENEFIT JAPAN Balance Sheet Health
Financial Health criteria checks 6/6
BENEFIT JAPAN has a total shareholder equity of ¥7.5B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are ¥11.5B and ¥4.0B respectively. BENEFIT JAPAN's EBIT is ¥921.0M making its interest coverage ratio 131.6. It has cash and short-term investments of ¥3.4B.
Key information
28.4%
Debt to equity ratio
JP¥2.12b
Debt
| Interest coverage ratio | 131.6x |
| Cash | JP¥3.43b |
| Equity | JP¥7.46b |
| Total liabilities | JP¥4.02b |
| Total assets | JP¥11.48b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3934's short term assets (¥10.4B) exceed its short term liabilities (¥2.4B).
Long Term Liabilities: 3934's short term assets (¥10.4B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 3934 has more cash than its total debt.
Reducing Debt: 3934's debt to equity ratio has reduced from 51.6% to 28.4% over the past 5 years.
Debt Coverage: 3934's debt is well covered by operating cash flow (32.8%).
Interest Coverage: 3934's interest payments on its debt are well covered by EBIT (131.6x coverage).