Giken Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Giken Holdings has a total shareholder equity of ¥11.1B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are ¥17.2B and ¥6.2B respectively. Giken Holdings's EBIT is ¥529.0M making its interest coverage ratio -4.5. It has cash and short-term investments of ¥2.6B.
Key information
34.5%
Debt to equity ratio
JP¥3.81b
Debt
Interest coverage ratio | -4.5x |
Cash | JP¥2.62b |
Equity | JP¥11.06b |
Total liabilities | JP¥6.16b |
Total assets | JP¥17.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1443's short term assets (¥4.7B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 1443's short term assets (¥4.7B) exceed its long term liabilities (¥3.7B).
Debt to Equity History and Analysis
Debt Level: 1443's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 1443's debt to equity ratio has increased from 16.9% to 34.5% over the past 5 years.
Debt Coverage: 1443's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 1443 earns more interest than it pays, so coverage of interest payments is not a concern.