Benefit One Balance Sheet Health
Financial Health criteria checks 5/6
Benefit One has a total shareholder equity of ¥22.4B and total debt of ¥8.1B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are ¥48.0B and ¥25.6B respectively. Benefit One's EBIT is ¥8.5B making its interest coverage ratio -8471. It has cash and short-term investments of ¥7.5B.
Key information
36.0%
Debt to equity ratio
JP¥8.08b
Debt
| Interest coverage ratio | -8471x |
| Cash | JP¥7.51b |
| Equity | JP¥22.43b |
| Total liabilities | JP¥25.56b |
| Total assets | JP¥48.00b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNTO.F's short term assets (¥21.7B) exceed its short term liabilities (¥15.8B).
Long Term Liabilities: BNTO.F's short term assets (¥21.7B) exceed its long term liabilities (¥9.8B).
Debt to Equity History and Analysis
Debt Level: BNTO.F's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: BNTO.F's debt to equity ratio has increased from 0.9% to 36% over the past 5 years.
Debt Coverage: BNTO.F's debt is well covered by operating cash flow (88.5%).
Interest Coverage: BNTO.F earns more interest than it pays, so coverage of interest payments is not a concern.