Glory Balance Sheet Health
Financial Health criteria checks 5/6
Glory has a total shareholder equity of ¥228.7B and total debt of ¥91.0B, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are ¥467.1B and ¥238.3B respectively. Glory's EBIT is ¥51.3B making its interest coverage ratio 34.4. It has cash and short-term investments of ¥35.2B.
Key information
39.8%
Debt to equity ratio
JP¥91.00b
Debt
Interest coverage ratio | 34.4x |
Cash | JP¥35.22b |
Equity | JP¥228.75b |
Total liabilities | JP¥238.33b |
Total assets | JP¥467.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3O5's short term assets (¥243.4B) exceed its short term liabilities (¥161.1B).
Long Term Liabilities: 3O5's short term assets (¥243.4B) exceed its long term liabilities (¥77.2B).
Debt to Equity History and Analysis
Debt Level: 3O5's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: 3O5's debt to equity ratio has increased from 24.8% to 39.8% over the past 5 years.
Debt Coverage: 3O5's debt is well covered by operating cash flow (46%).
Interest Coverage: 3O5's interest payments on its debt are well covered by EBIT (34.4x coverage).