Gakken Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Gakken Holdings has a total shareholder equity of ¥54.7B and total debt of ¥42.5B, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are ¥139.4B and ¥84.7B respectively. Gakken Holdings's EBIT is ¥8.1B making its interest coverage ratio 117.2. It has cash and short-term investments of ¥23.8B.
Key information
77.7%
Debt to equity ratio
JP¥42.50b
Debt
Interest coverage ratio | 117.2x |
Cash | JP¥23.77b |
Equity | JP¥54.69b |
Total liabilities | JP¥84.67b |
Total assets | JP¥139.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9470's short term assets (¥72.0B) exceed its short term liabilities (¥51.8B).
Long Term Liabilities: 9470's short term assets (¥72.0B) exceed its long term liabilities (¥32.9B).
Debt to Equity History and Analysis
Debt Level: 9470's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: 9470's debt to equity ratio has reduced from 91.7% to 77.7% over the past 5 years.
Debt Coverage: 9470's debt is not well covered by operating cash flow (17%).
Interest Coverage: 9470's interest payments on its debt are well covered by EBIT (117.2x coverage).