Glory Balance Sheet Health
Financial Health criteria checks 5/6
Glory has a total shareholder equity of ¥225.6B and total debt of ¥86.9B, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are ¥430.7B and ¥205.1B respectively. Glory's EBIT is ¥53.6B making its interest coverage ratio 25.9. It has cash and short-term investments of ¥32.6B.
Key information
38.5%
Debt to equity ratio
JP¥86.92b
Debt
| Interest coverage ratio | 25.9x |
| Cash | JP¥32.56b |
| Equity | JP¥225.61b |
| Total liabilities | JP¥205.07b |
| Total assets | JP¥430.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6457's short term assets (¥220.1B) exceed its short term liabilities (¥114.9B).
Long Term Liabilities: 6457's short term assets (¥220.1B) exceed its long term liabilities (¥90.2B).
Debt to Equity History and Analysis
Debt Level: 6457's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: 6457's debt to equity ratio has increased from 25.4% to 38.5% over the past 5 years.
Debt Coverage: 6457's debt is well covered by operating cash flow (58.9%).
Interest Coverage: 6457's interest payments on its debt are well covered by EBIT (25.9x coverage).