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Credit Rating Analysis: HOKKAIDO BROADCASTING (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

【Analysis Menu】 @Outline @Statement @Rating @Indicator @Download

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Credit Rating (Bankruptcy Risk): HOKKAIDO BROADCASTING (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  B  Credit is not enough, easily undermined by biz environs. ¥ 13 B
0.75%
¥ 242 M
1.70%
¥ 268 M
286.18%

Financial Timeline

Date  - 
(First quarter )
 - 
(Third quarter )
 2011-09-30 
(Second quarter )
 2013-03-31 
(Annual )
Credit Rating --BB
Total Assets
¥ 15 B
¥ 17 B
Net Assets
¥ 9 B
¥ 10 B

Financial Statement Risk Analysis: HOKKAIDO BROADCASTING (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
Operating cash flow has dropped 5 consecutive terms. The business have very high risk.
[Date: 2013-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -774 M) & Financial Cash Flow (¥ -443 M) is a minus, Operating Cash Flow (¥ 793 M) is a plus,
Dividend
Under the situation of Net Income (¥ 268 M) & Operating Cash Flow (¥ 793 M) , Dividend (¥ -44 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 13 B) is first term (¥ 13 B) more, however Operating Cash Flow (¥ 793 M) is first term (¥ 859 M) less , there is a possibility that the financing has deteriorated very much.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Stated Capital less
Stated Capital (¥ 495 M) is first term Stated Capital (¥ 550 M) less , there is a possibility that the management situation is very severe.
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -144 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 13 B) is first term Sales (¥ 14 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -144 M) is first term Net Income (¥ 138 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-1.06%) is first term Net Profit Margin (0.96%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -283 M) & Financial Cash Flow (¥ -986 M) is a minus, Operating Cash Flow (¥ 859 M) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -144 M) & Operating Cash Flow (¥ 859 M), Dividend (¥ -48 M) is paid.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Gross Income is decrease )
Gross Income (¥ 8 B) is first term Gross Income (¥ 8 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -258 M) & Financial Cash Flow (¥ -460 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,
Dividend
Under the situation of Net Income (¥ 138 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -43 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 14 B) is first term (¥ 14 B) more, however Operating Cash Flow (¥ 1 B) is first term (¥ 1 B) less , there is a possibility that the financing has deteriorated very much.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 594 M) is Sales first term ratio (¥ 98 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -52 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 14 B) is first term Sales (¥ 15 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 8 B) is first term Gross Income (¥ 9 B) less , there is a possibility that the management situation has stagnated and deteriorated
Dividend Risk
Under the situation of Net Income (¥ -52 M) & Operating Cash Flow (¥ 1 B), Dividend (¥ -43 M) is paid.
Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -1 B) & Operating Cash Flow first term ratio (¥ -71 M) is a minus, Interest-bearing Debt (¥ 2 B) is first term Interest-bearing Debt (¥ 2 B) more , there is a possibility that the financing has deteriorated very much.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 66 M) is Sales first term ratio (¥ -1 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -236 M) is minus or 0, so , there is a possibility that the management situation is severe.
Dividend Risk
Under the situation of Net Income (¥ -236 M) & Operating Cash Flow (¥ 1 B), Dividend (¥ -52 M) is paid.

Related Information: HOKKAIDO BROADCASTING (Annual )

Statement Type
Annual : HOKKAIDO BROADCASTING
Second quarter : HOKKAIDO BROADCASTING
Analysis Menu
@Outline : HOKKAIDO BROADCASTING
@Statement : HOKKAIDO BROADCASTING
@Rating : HOKKAIDO BROADCASTING
@Indicator : HOKKAIDO BROADCASTING
@Download : HOKKAIDO BROADCASTING
Industry Comparison Ranking
Communication - EDIUNET Industry Rankings
Communication - EDIUNET Credit Rating
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Comparison with a neighboring company
Hokkaido - EDIUNET Prefectures
Hokkaido札幌市 - EDIUNET Prefectures

Related company's newest statement

Date Company Credit Rating Date
1/10 USEN CCC→B 2013-11-30 (Q1)
12/16 KEIOZU HOLDINGS BBB 2013-10-31
11/13 BROADCASTING SYSTEM OF .. CCC→BB 2013-09-30 (Q2)
11/12 FORVAL TELECOM BB→A 2013-09-30 (Q2)
11/12 CHUBU-NIPPON BROADCASTING A→BBB 2013-09-30 (Q2)
11/11 ワイズマン CC 2013-09-30 (Q2)
11/11 RKB MAINICHI BROADCASTING A→BBB 2013-09-30 (Q2)
11/8 TV TOKYO Holdings A 2013-09-30 (Q2)
11/8 ASAHI Net -→AA 2013-09-30 (Q2)
11/7 東京放送ホールディングス CCC→B 2013-09-30 (Q2)

Ticker Market Industry Month report Rating
@ HOKKAIDO BROADCASTING Communication 3 Annual B

Related Company

@ RKB MAINICHI BROADCASTING (Sales ¥ 24 B)
@ Television Nshinippon (Sales ¥ 18 B)
@ KEIOZU HOLDINGS (Sales ¥ 15 B)
@ 北日本放送 (Sales ¥ 5 B)
@ アイビーシー岩手放送 (Sales ¥ 4 B)
@ 日本通信 (Sales ¥ 3 B)
@ FORVAL TELECOM (Sales ¥ 11 B)
@ 南海放送 (Sales ¥ 6 B)
@ HOKKAIDO BROADCASTING (Sales ¥ 13 B)
@ 東北放送 (Sales ¥ 7 B)
@ BROADCASTING SYSTEM OF NIIGATA (Sales ¥ 21 B)
@ 長崎放送 (Sales ¥ 8 B)
@ ワイズマン (Sales ¥ 7 B)
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