LINTEC Balance Sheet Health
Financial Health criteria checks 6/6
LINTEC has a total shareholder equity of ¥251.7B and total debt of ¥6.7B, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ¥347.0B and ¥95.3B respectively. LINTEC's EBIT is ¥21.1B making its interest coverage ratio -43.8. It has cash and short-term investments of ¥53.0B.
Key information
2.7%
Debt to equity ratio
JP¥6.71b
Debt
| Interest coverage ratio | -43.8x |
| Cash | JP¥53.01b |
| Equity | JP¥251.70b |
| Total liabilities | JP¥95.25b |
| Total assets | JP¥346.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 57T's short term assets (¥194.4B) exceed its short term liabilities (¥70.1B).
Long Term Liabilities: 57T's short term assets (¥194.4B) exceed its long term liabilities (¥25.1B).
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 7.9% to 2.7% over the past 5 years.
Debt Coverage: 57T's debt is well covered by operating cash flow (509.7%).
Interest Coverage: 57T earns more interest than it pays, so coverage of interest payments is not a concern.