Zenitaka Balance Sheet Health
Financial Health criteria checks 4/6
Zenitaka has a total shareholder equity of ¥88.3B and total debt of ¥33.5B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are ¥188.3B and ¥100.0B respectively. Zenitaka's EBIT is ¥1.0B making its interest coverage ratio -0.8. It has cash and short-term investments of ¥26.3B.
Key information
38.0%
Debt to equity ratio
JP¥33.50b
Debt
Interest coverage ratio | -0.8x |
Cash | JP¥26.32b |
Equity | JP¥88.26b |
Total liabilities | JP¥100.00b |
Total assets | JP¥188.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1811's short term assets (¥98.7B) exceed its short term liabilities (¥67.7B).
Long Term Liabilities: 1811's short term assets (¥98.7B) exceed its long term liabilities (¥32.3B).
Debt to Equity History and Analysis
Debt Level: 1811's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: 1811's debt to equity ratio has increased from 20.6% to 38% over the past 5 years.
Debt Coverage: 1811's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 1811 earns more interest than it pays, so coverage of interest payments is not a concern.