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Credit Rating Analysis: ARBEIT-TIMES (Annual )

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

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Credit Rating (Bankruptcy Risk): ARBEIT-TIMES (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-02-28  BBB  Credit is enough, but be decreased potential by biz environs. ¥ 4 B
13.27%
¥ 728 M
72.51%
¥ 798 M
105.14%

Financial Timeline

Date  2013-02-28 
(Annual )
 2013-05-31 
(First quarter )
 2013-08-31 
(Second quarter )
 2013-11-30 
(Third quarter )
Credit Rating BBBBBBBBBB
Total Assets
¥ 4 B
¥ 3 B
¥ 4 B
¥ 4 B
Net Assets
¥ 3 B
¥ 3 B
¥ 3 B
¥ 3 B

Financial Statement Risk Analysis: ARBEIT-TIMES (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
The change of Operating cash flow is going too far. The management situation is unstable.
Net Assets have increased 4consecutive terms. The fiscal base is getting better.
Cash(¥ 2 B) is more than the total liabilities(¥ 625 M). It is a very steady fiscal base!
[Date: 2013-02-28]  Danger : Warning : Caution : Good
Management Risk (*Gross Income is decrease )
Gross Income (¥ 1 B) is first term Gross Income (¥ 1 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -198 M) & Financial Cash Flow (¥ -397 M) is a minus, Operating Cash Flow (¥ 796 M) is a plus,
Dividend
Under the situation of Net Income (¥ 798 M) & Operating Cash Flow (¥ 796 M) , Dividend (¥ -95 M) is paid.
[Date: 2012-02-29]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -53 M) & Financial Cash Flow (¥ -131 M) is a minus, Operating Cash Flow (¥ 754 M) is a plus,
[Date: 2011-02-28]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 3 B) is first term Sales (¥ 3 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 1 B) is first term Gross Income (¥ 1 B) less , there is a possibility that the management situation has stagnated and deteriorated
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -107 M) is Sales first term ratio (¥ -192 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2010-02-28]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -2 B) & Operating Cash Flow (¥ -2 B) is minus or 0, so , there is a possibility that the management situation is very severe.
Financing Risk (*Sale of stock property)
Operating Cash Flow (¥ -2 B) is minus, Investment Cash Flow (¥ 41 M) is plus. Because the main occupation was dull, stock property may have been sold off.

Ticker Market Industry Month report Rating
@ ARBEIT-TIMES 2341 OSE JASDAQ Other Services 2 Annual BBB

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