BENEFIT JAPAN Balance Sheet Health
Financial Health criteria checks 6/6
BENEFIT JAPAN has a total shareholder equity of ¥7.2B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are ¥11.2B and ¥4.0B respectively. BENEFIT JAPAN's EBIT is ¥887.0M making its interest coverage ratio 126.7. It has cash and short-term investments of ¥3.1B.
Key information
24.2%
Debt to equity ratio
JP¥1.75b
Debt
Interest coverage ratio | 126.7x |
Cash | JP¥3.13b |
Equity | JP¥7.25b |
Total liabilities | JP¥3.96b |
Total assets | JP¥11.20b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3934's short term assets (¥10.2B) exceed its short term liabilities (¥3.3B).
Long Term Liabilities: 3934's short term assets (¥10.2B) exceed its long term liabilities (¥637.0M).
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 24.8% to 24.2% over the past 5 years.
Debt Coverage: 3934's debt is well covered by operating cash flow (55%).
Interest Coverage: 3934's interest payments on its debt are well covered by EBIT (126.7x coverage).