LINTEC Balance Sheet Health
Financial Health criteria checks 6/6
LINTEC has a total shareholder equity of ¥233.0B and total debt of ¥9.3B, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ¥333.6B and ¥100.7B respectively. LINTEC's EBIT is ¥10.6B making its interest coverage ratio -42.2. It has cash and short-term investments of ¥55.5B.
Key information
4.0%
Debt to equity ratio
JP¥9.26b
Debt
Interest coverage ratio | -42.2x |
Cash | JP¥55.49b |
Equity | JP¥232.98b |
Total liabilities | JP¥100.66b |
Total assets | JP¥333.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 57T's short term assets (¥188.0B) exceed its short term liabilities (¥75.9B).
Long Term Liabilities: 57T's short term assets (¥188.0B) exceed its long term liabilities (¥24.7B).
Debt to Equity History and Analysis
Debt Level: 57T has more cash than its total debt.
Reducing Debt: 57T's debt to equity ratio has reduced from 9% to 4% over the past 5 years.
Debt Coverage: 57T's debt is well covered by operating cash flow (423.3%).
Interest Coverage: 57T earns more interest than it pays, so coverage of interest payments is not a concern.