Link and Motivation Balance Sheet Health
Financial Health criteria checks 5/6
Link and Motivation has a total shareholder equity of ¥12.9B and total debt of ¥7.4B, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are ¥30.8B and ¥17.9B respectively. Link and Motivation's EBIT is ¥4.9B making its interest coverage ratio 87.2. It has cash and short-term investments of ¥7.4B.
Key information
57.4%
Debt to equity ratio
JP¥7.42b
Debt
Interest coverage ratio | 87.2x |
Cash | JP¥7.40b |
Equity | JP¥12.94b |
Total liabilities | JP¥17.90b |
Total assets | JP¥30.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2170's short term assets (¥12.7B) do not cover its short term liabilities (¥13.1B).
Long Term Liabilities: 2170's short term assets (¥12.7B) exceed its long term liabilities (¥4.8B).
Debt to Equity History and Analysis
Debt Level: 2170's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 2170's debt to equity ratio has reduced from 143.2% to 57.4% over the past 5 years.
Debt Coverage: 2170's debt is well covered by operating cash flow (58.5%).
Interest Coverage: 2170's interest payments on its debt are well covered by EBIT (87.2x coverage).