Broad EnterpriseLtd Balance Sheet Health
Financial Health criteria checks 3/6
Broad EnterpriseLtd has a total shareholder equity of ¥859.0M and total debt of ¥2.4B, which brings its debt-to-equity ratio to 283.4%. Its total assets and total liabilities are ¥7.3B and ¥6.4B respectively. Broad EnterpriseLtd's EBIT is ¥507.0M making its interest coverage ratio 24.1. It has cash and short-term investments of ¥1.1B.
Key information
283.4%
Debt to equity ratio
JP¥2.43b
Debt
Interest coverage ratio | 24.1x |
Cash | JP¥1.11b |
Equity | JP¥859.00m |
Total liabilities | JP¥6.42b |
Total assets | JP¥7.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4415's short term assets (¥5.9B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 4415's short term assets (¥5.9B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 4415's net debt to equity ratio (153.9%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4415's interest payments on its debt are well covered by EBIT (24.1x coverage).