Lead Balance Sheet Health
Financial Health criteria checks 4/6
Lead has a total shareholder equity of ¥2.8B and total debt of ¥3.4B, which brings its debt-to-equity ratio to 121.5%. Its total assets and total liabilities are ¥8.5B and ¥5.7B respectively. Lead's EBIT is ¥75.0M making its interest coverage ratio 6.3. It has cash and short-term investments of ¥1.8B.
Key information
121.5%
Debt to equity ratio
JP¥3.35b
Debt
Interest coverage ratio | 6.3x |
Cash | JP¥1.76b |
Equity | JP¥2.76b |
Total liabilities | JP¥5.73b |
Total assets | JP¥8.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6982's short term assets (¥3.5B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 6982's short term assets (¥3.5B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 6982's net debt to equity ratio (57.7%) is considered high.
Reducing Debt: 6982's debt to equity ratio has reduced from 141.4% to 121.5% over the past 5 years.
Debt Coverage: 6982's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: 6982's interest payments on its debt are well covered by EBIT (6.3x coverage).