Financial Covenants on Borrowings and Acceleration
First written in FY2016. 6 of 10 entries say "Worsened", first in FY2017. Latest entry: FY2026.
EnBio Holdings,Inc moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
16 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Of the borrowings outstanding for the consolidated fiscal year ended 31 March 2026, ¥8,003 million is subject to certain financial covenants concerning net assets and ordinary profit.」
Borrowings subject to financial covenants increased from ¥6,456 million in the previous fiscal year to ¥8,003 million. - FY2025WorsenedAnnual report
「Of the borrowings outstanding for the consolidated fiscal year ended 31 March 2025, ¥6,456.406 million is subject to certain financial covenants concerning net assets and ordinary profit.」
Borrowings subject to financial covenants increased from ¥5,533.594 million in the previous consolidated fiscal year to ¥6,456.406 million. - FY2023WorsenedAnnual report
「Of the borrowings outstanding for the consolidated fiscal year ended 31 March 2023, ¥5,978.634 million is subject to certain financial covenants concerning net assets and ordinary profit.」
Borrowings subject to financial covenants increased from ¥5,740.127 million in the previous fiscal year to ¥5,978.634 million. - FY2022MitigatedAnnual report
「Of the borrowings outstanding for the consolidated fiscal year ended 31 March 2022, ¥5,740.127 million is subject to certain financial covenants concerning net assets and ordinary profit.」
Borrowings subject to financial covenants decreased from ¥6,088.332 million in the previous fiscal year to ¥5,740.127 million. - FY2021WorsenedAnnual report
「Of the borrowings outstanding for the consolidated fiscal year ended 31 March 2021, ¥6,088.332 million is subject to certain financial covenants concerning net assets and ordinary profit.」
Borrowings subject to financial covenants increased from ¥5,832.472 million in the previous fiscal year to ¥6,088.332 million. - FY2020-Q3MitigatedAnnual report
「In connection with the repayment of these borrowings, totalling ¥3,687 million, the equity ratio improved to 34.1%, from 23.9% at the end of the previous consolidated fiscal year.」
The equity ratio after repayment of borrowings was 34.1%, improving further from the 32.7% reported in the previous quarter. - FY2020-Q2MitigatedAnnual report
「In connection with the repayment of these borrowings, totalling ¥3,687 million, the equity ratio improved to 32.7%, from 23.9% at the end of the previous consolidated fiscal year.」
Repayment of borrowings funded by the proceeds from the transfer of solar power-generation facilities improved the outstanding borrowing balance and equity ratio, reducing borrowing exposure that could be subject to financial covenants. - FY2019WorsenedAnnual report
「Of the borrowings outstanding for the consolidated fiscal year ended 31 March 2019, ¥9,417.644 million is subject to certain financial covenants concerning net assets and ordinary profit.」
Borrowings subject to financial covenants amounted to ¥9,417.644 million, up from ¥9,105.635 million in the previous consolidated fiscal year. - FY2017WorsenedAnnual report
「Of the borrowings outstanding for the consolidated fiscal year ended 31 March 2017, ¥4,187.453 million is subject to certain financial covenants concerning net assets and ordinary profit.」
Borrowings subject to financial covenants increased from ¥2,363.000 million in the previous fiscal year to ¥4,187.453 million. - FY2016First statedAnnual report
「Of the borrowings outstanding for the consolidated fiscal year ended 31 March 2016, ¥2,363 million is subject to certain financial covenants concerning net assets and ordinary profit.」
The company states that the borrowings may become repayable in full if the financial covenants concerning net assets and ordinary profit are breached.