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Credit Rating Analysis: システム・ロケーション (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): システム・ロケーション (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  AA  Credit is very high, slightly affected by biz environs. ¥ 924 M
8.96%
¥ 184 M
68.80%
¥ 82 M
43.85%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating AAAAAAA
Total Assets
¥ 1 B
¥ 2 B
¥ 2 B
¥ 2 B
Net Assets
¥ 1 B
¥ 1 B
¥ 1 B
¥ 1 B

Financial Statement Risk Analysis: システム・ロケーション (Annual ) (Consolidated )

Special note
Cash(¥ 871 M) is more than the total liabilities(¥ 667 M). It is a very steady fiscal base!
[Date: 2013-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -85 M) & Financial Cash Flow (¥ -35 M) is a minus, Operating Cash Flow (¥ 268 M) is a plus,
Dividend
Under the situation of Net Income (¥ 82 M) & Operating Cash Flow (¥ 268 M) , Dividend (¥ -35 M) is paid.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Gross Income is decrease )
Gross Income (¥ 399 M) is first term Gross Income (¥ 427 M) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -115 M) & Financial Cash Flow (¥ -35 M) is a minus, Operating Cash Flow (¥ 217 M) is a plus,
Dividend
Under the situation of Net Income (¥ 57 M) & Operating Cash Flow (¥ 217 M) , Dividend (¥ -35 M) is paid.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -134 M) & Operating Cash Flow (¥ -67 M) is minus or 0, so , there is a possibility that the management situation is very severe.
Management Risk (*Sales is decrease )
Sales (¥ 831 M) is first term Sales (¥ 988 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -134 M) is first term Net Income (¥ 21 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-16.13%) is first term Net Profit Margin (2.13%) less , there is a possibility that the profitability has deteriorated.
Dividend Risk
Under the situation of Net Income (¥ -134 M) & Operating Cash Flow (¥ -67 M), Dividend (¥ -52 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 179 M) is Sales first term ratio (¥ -157 M) more , there is a possibility that the non-performing asset was increased.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -67 M) and Investment Cash Flow (¥ -317 M) is minus, so , there is a possibility of the overinvestment.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 988 M) is first term Sales (¥ 1 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 21 M) is first term Net Income (¥ 93 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (2.13%) is first term Net Profit Margin (7.68%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -14 M) & Financial Cash Flow (¥ -64 M) is a minus, Operating Cash Flow (¥ 92 M) is a plus,
Dividend
Under the situation of Net Income (¥ 21 M) & Operating Cash Flow (¥ 92 M) , Dividend (¥ -53 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -72 M) is Sales first term ratio (¥ -228 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -394 M) and Investment Cash Flow (¥ -65 M) is minus, Net Income (¥ 93 M) is plus. Because it is unnatural that profits have come out in this situation, the possibility of holding the non-performing asset is very high.
Dividend Risk
Under the situation of Net Income (¥ 93 M) & Operating Cash Flow (¥ -394 M), Dividend (¥ -106 M) is paid.

Related Information: システム・ロケーション (Annual )

Statement Type
Annual : システム・ロケーション
First quarter : システム・ロケーション
Second quarter : システム・ロケーション
Third quarter : システム・ロケーション
Analysis Menu
@Outline : システム・ロケーション
@Statement : システム・ロケーション
@Rating : システム・ロケーション
@Indicator : システム・ロケーション
@Download : システム・ロケーション
Industry Comparison Ranking
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Comparison with a neighboring company
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Related company's newest statement

Date Company Credit Rating Date
1/21 Netindex. CC 2013-11-30
1/20 川崎地質 BB→BBB 2013-11-30
1/20 KYOWA ENGINEERING CONSU.. B→BB 2013-11-30
1/20 KG Intelligence AAA→AA 2013-12-20
1/16 アクトコール -→B 2013-11-30
1/16 S-Pool C→CC 2013-11-30
1/16 T&C HOLDINGS C 2013-11-30
1/15 HITO -→AAA 2013-11-30 (Q1)
1/15 Pasona Group CC 2013-11-30 (Q2)
1/15 乃村工藝社 BB→BBB 2013-11-30 (Q3)

Ticker Market Industry Month report Rating
@ システム・ロケーション 2480 OSE JASDAQ Other Services 3 Annual AA

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@ 燦ホールディングス (Sales ¥ 18 B)
@ ファルコSDホールディングス (Sales ¥ 60 B)
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@ WDB HOLDINGS (Sales ¥ 24 B)
@ 菱友システムズ (Sales ¥ 28 B)
@ JMA HOLDINGS (Sales ¥ 30 B)
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