GREE Balance Sheet Health
Financial Health criteria checks 5/6
GREE has a total shareholder equity of ¥90.7B and total debt of ¥16.7B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ¥120.7B and ¥30.0B respectively. GREE's EBIT is ¥4.6B making its interest coverage ratio 355.7. It has cash and short-term investments of ¥60.2B.
Key information
18.4%
Debt to equity ratio
JP¥16.70b
Debt
| Interest coverage ratio | 355.7x |
| Cash | JP¥60.19b |
| Equity | JP¥90.71b |
| Total liabilities | JP¥29.97b |
| Total assets | JP¥120.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V3U's short term assets (¥104.4B) exceed its short term liabilities (¥17.8B).
Long Term Liabilities: V3U's short term assets (¥104.4B) exceed its long term liabilities (¥12.1B).
Debt to Equity History and Analysis
Debt Level: V3U has more cash than its total debt.
Reducing Debt: V3U's debt to equity ratio has increased from 0% to 18.4% over the past 5 years.
Debt Coverage: V3U's debt is well covered by operating cash flow (21%).
Interest Coverage: V3U's interest payments on its debt are well covered by EBIT (355.7x coverage).