Zenitaka Balance Sheet Health
Financial Health criteria checks 4/6
Zenitaka has a total shareholder equity of ¥93.0B and total debt of ¥33.5B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are ¥200.2B and ¥107.2B respectively. Zenitaka's EBIT is ¥1.3B making its interest coverage ratio -0.9. It has cash and short-term investments of ¥32.8B.
Key information
36.0%
Debt to equity ratio
JP¥33.45b
Debt
| Interest coverage ratio | -0.9x |
| Cash | JP¥32.85b |
| Equity | JP¥92.98b |
| Total liabilities | JP¥107.23b |
| Total assets | JP¥200.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1811's short term assets (¥107.9B) exceed its short term liabilities (¥72.5B).
Long Term Liabilities: 1811's short term assets (¥107.9B) exceed its long term liabilities (¥34.7B).
Debt to Equity History and Analysis
Debt Level: 1811's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 1811's debt to equity ratio has increased from 20.3% to 36% over the past 5 years.
Debt Coverage: 1811's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1811 earns more interest than it pays, so coverage of interest payments is not a concern.