BayCurrent Consulting Balance Sheet Health
Financial Health criteria checks 6/6
BayCurrent Consulting has a total shareholder equity of ¥66.5B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥84.2B and ¥17.7B respectively. BayCurrent Consulting's EBIT is ¥33.6B making its interest coverage ratio 1765.8. It has cash and short-term investments of ¥45.8B.
Key information
3.6%
Debt to equity ratio
JP¥2.36b
Debt
Interest coverage ratio | 1765.8x |
Cash | JP¥45.78b |
Equity | JP¥66.49b |
Total liabilities | JP¥17.74b |
Total assets | JP¥84.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BYCR.F's short term assets (¥64.7B) exceed its short term liabilities (¥15.3B).
Long Term Liabilities: BYCR.F's short term assets (¥64.7B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: BYCR.F has more cash than its total debt.
Reducing Debt: BYCR.F's debt to equity ratio has reduced from 61.2% to 3.6% over the past 5 years.
Debt Coverage: BYCR.F's debt is well covered by operating cash flow (985.1%).
Interest Coverage: BYCR.F's interest payments on its debt are well covered by EBIT (1765.8x coverage).