Broad EnterpriseLtd Balance Sheet Health
Financial Health criteria checks 3/6
Broad EnterpriseLtd has a total shareholder equity of ¥1.1B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 310.1%. Its total assets and total liabilities are ¥7.6B and ¥6.5B respectively. Broad EnterpriseLtd's EBIT is ¥732.0M making its interest coverage ratio 30.5. It has cash and short-term investments of ¥1.3B.
Key information
310.1%
Debt to equity ratio
JP¥3.31b
Debt
| Interest coverage ratio | 30.5x |
| Cash | JP¥1.28b |
| Equity | JP¥1.07b |
| Total liabilities | JP¥6.50b |
| Total assets | JP¥7.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4415's short term assets (¥6.4B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 4415's short term assets (¥6.4B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 4415's net debt to equity ratio (190.5%) is considered high.
Reducing Debt: Insufficient data to determine if 4415's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4415's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 4415's interest payments on its debt are well covered by EBIT (30.5x coverage).