Link and Motivation Balance Sheet Health
Financial Health criteria checks 6/6
Link and Motivation has a total shareholder equity of ¥13.2B and total debt of ¥7.8B, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are ¥31.3B and ¥18.1B respectively. Link and Motivation's EBIT is ¥5.3B making its interest coverage ratio 82.1. It has cash and short-term investments of ¥7.5B.
Key information
59.5%
Debt to equity ratio
JP¥7.84b
Debt
| Interest coverage ratio | 82.1x |
| Cash | JP¥7.53b |
| Equity | JP¥13.16b |
| Total liabilities | JP¥18.12b |
| Total assets | JP¥31.28b |
Financial Position Analysis
Short Term Liabilities: 2170's short term assets (¥13.6B) exceed its short term liabilities (¥11.0B).
Long Term Liabilities: 2170's short term assets (¥13.6B) exceed its long term liabilities (¥7.1B).
Debt to Equity History and Analysis
Debt Level: 2170's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 2170's debt to equity ratio has reduced from 374.5% to 59.5% over the past 5 years.
Debt Coverage: 2170's debt is well covered by operating cash flow (57%).
Interest Coverage: 2170's interest payments on its debt are well covered by EBIT (82.1x coverage).