Leopalace21 Balance Sheet Health
Financial Health criteria checks 6/6
Leopalace21 has a total shareholder equity of ¥71.7B and total debt of ¥29.8B, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are ¥205.0B and ¥133.3B respectively. Leopalace21's EBIT is ¥23.3B making its interest coverage ratio 6.7. It has cash and short-term investments of ¥68.6B.
Key information
41.6%
Debt to equity ratio
JP¥29.85b
Debt
Interest coverage ratio | 6.7x |
Cash | JP¥68.63b |
Equity | JP¥71.68b |
Total liabilities | JP¥133.32b |
Total assets | JP¥205.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MQI's short term assets (¥82.4B) exceed its short term liabilities (¥64.2B).
Long Term Liabilities: MQI's short term assets (¥82.4B) exceed its long term liabilities (¥69.2B).
Debt to Equity History and Analysis
Debt Level: MQI has more cash than its total debt.
Reducing Debt: MQI's debt to equity ratio has reduced from 42.1% to 41.6% over the past 5 years.
Debt Coverage: MQI's debt is well covered by operating cash flow (71.8%).
Interest Coverage: MQI's interest payments on its debt are well covered by EBIT (6.7x coverage).