Hokkaido Chuo Bus Balance Sheet Health
Financial Health criteria checks 6/6
Hokkaido Chuo Bus has a total shareholder equity of ¥26.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥36.3B and ¥10.2B respectively. Hokkaido Chuo Bus's EBIT is ¥838.0M making its interest coverage ratio -8.7. It has cash and short-term investments of ¥8.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -8.7x |
| Cash | JP¥8.84b |
| Equity | JP¥26.09b |
| Total liabilities | JP¥10.25b |
| Total assets | JP¥36.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9085's short term assets (¥14.3B) exceed its short term liabilities (¥6.0B).
Long Term Liabilities: 9085's short term assets (¥14.3B) exceed its long term liabilities (¥4.2B).
Debt to Equity History and Analysis
Debt Level: 9085 is debt free.
Reducing Debt: 9085 had no debt 5 years ago.
Debt Coverage: 9085 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9085 has no debt, therefore coverage of interest payments is not a concern.