Basis Balance Sheet Health
Financial Health criteria checks 5/6
Basis has a total shareholder equity of ¥1.9B and total debt of ¥1,000.0M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are ¥3.8B and ¥1.9B respectively. Basis's EBIT is ¥12.0M making its interest coverage ratio 4. It has cash and short-term investments of ¥878.0M.
Key information
51.8%
Debt to equity ratio
JP¥1.00b
Debt
Interest coverage ratio | 4x |
Cash | JP¥878.00m |
Equity | JP¥1.93b |
Total liabilities | JP¥1.86b |
Total assets | JP¥3.80b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4068's short term assets (¥3.1B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 4068's short term assets (¥3.1B) exceed its long term liabilities (¥269.0M).
Debt to Equity History and Analysis
Debt Level: 4068's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 4068's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4068's debt is well covered by operating cash flow (30%).
Interest Coverage: 4068's interest payments on its debt are well covered by EBIT (4x coverage).