Gecoss Balance Sheet Health
Financial Health criteria checks 6/6
Gecoss has a total shareholder equity of ¥64.0B and total debt of ¥2.3B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥101.6B and ¥37.6B respectively. Gecoss's EBIT is ¥6.4B making its interest coverage ratio -51.7. It has cash and short-term investments of ¥1.3B.
Key information
3.6%
Debt to equity ratio
JP¥2.28b
Debt
| Interest coverage ratio | -51.7x |
| Cash | JP¥1.30b |
| Equity | JP¥64.03b |
| Total liabilities | JP¥37.59b |
| Total assets | JP¥101.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9991's short term assets (¥63.7B) exceed its short term liabilities (¥33.4B).
Long Term Liabilities: 9991's short term assets (¥63.7B) exceed its long term liabilities (¥4.2B).
Debt to Equity History and Analysis
Debt Level: 9991's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: 9991's debt to equity ratio has reduced from 14.4% to 3.6% over the past 5 years.
Debt Coverage: 9991's debt is well covered by operating cash flow (240.2%).
Interest Coverage: 9991 earns more interest than it pays, so coverage of interest payments is not a concern.