Capita Inc

Capita Inc maintains a liquidity position with a current ratio of 1.39, indicating a moderate ability to meet short-term obligations, supported by cash and equivalents of ¥605.38 million. However, the company's net cash is negative after subtracting total debt, signaling potential liquidity constraints [doc:7462.T-annual_report_2023]. The debt-to-equity ratio of 0.64 suggests a relatively conservative capital structure, with total liabilities of ¥1.36 billion and total equity of ¥1.52 billion [doc:7462.T-annual_report_2023]. Profitability metrics show a return on equity of 1.98% and a return on assets of 1.04%, both below the typical thresholds for high-performing firms in the Oil & Gas Refining and Marketing industry. The operating income of ¥27.34 million and net income of ¥30.11 million reflect modest earnings, with gross profit of ¥909.45 million indicating some efficiency in cost management [doc:7462.T-annual_report_2023]. The company's revenue is distributed across three segments: Petroleum, Specialty Store, and Real Estate. The Petroleum segment is the primary revenue driver, with the Specialty Store and Real Estate segments contributing to a more diversified revenue base. However, the input data does not provide specific revenue figures for each segment, making it difficult to assess the degree of concentration [doc:7462.T-annual_report_2023]. Capita Inc's growth trajectory is not clearly defined in the input data, as there are no numeric deltas provided for the current or next fiscal year. The company's operating cash flow of ¥575.79 million and free cash flow of ¥31.53 million suggest some capacity for reinvestment or debt reduction, but the capital expenditure of -¥12.74 million indicates a reduction in investment activity [doc:7462.T-annual_report_2023]. The risk assessment highlights a medium liquidity risk and a low dilution risk. The key flag of negative net cash after subtracting total debt points to potential liquidity issues. The dilution potential is low, with no significant changes in shares outstanding between basic and diluted shares [doc:7462.T-annual_report_2023]. Recent events and filings are not detailed in the input data, so no specific recent developments can be cited. The company's financial performance and risk profile suggest a need for continued monitoring of liquidity and profitability metrics to assess its long-term viability [doc:7462.T-annual_report_2023].