Giken Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Giken Holdings has a total shareholder equity of ¥10.6B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are ¥16.9B and ¥6.4B respectively. Giken Holdings's EBIT is ¥450.0M making its interest coverage ratio -4. It has cash and short-term investments of ¥2.5B.
Key information
37.2%
Debt to equity ratio
JP¥3.93b
Debt
Interest coverage ratio | -4x |
Cash | JP¥2.51b |
Equity | JP¥10.55b |
Total liabilities | JP¥6.39b |
Total assets | JP¥16.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1443's short term assets (¥4.9B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 1443's short term assets (¥4.9B) exceed its long term liabilities (¥3.7B).
Debt to Equity History and Analysis
Debt Level: 1443's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 1443's debt to equity ratio has increased from 19.1% to 37.2% over the past 5 years.
Debt Coverage: 1443's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1443 earns more interest than it pays, so coverage of interest payments is not a concern.