Link and Motivation Balance Sheet Health
Financial Health criteria checks 6/6
Link and Motivation has a total shareholder equity of ¥12.8B and total debt of ¥8.6B, which brings its debt-to-equity ratio to 67.4%. Its total assets and total liabilities are ¥30.9B and ¥18.1B respectively. Link and Motivation's EBIT is ¥4.8B making its interest coverage ratio 86. It has cash and short-term investments of ¥7.4B.
Key information
67.4%
Debt to equity ratio
JP¥8.59b
Debt
Interest coverage ratio | 86x |
Cash | JP¥7.35b |
Equity | JP¥12.75b |
Total liabilities | JP¥18.15b |
Total assets | JP¥30.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2170's short term assets (¥12.5B) exceed its short term liabilities (¥10.5B).
Long Term Liabilities: 2170's short term assets (¥12.5B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 2170's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: 2170's debt to equity ratio has reduced from 395.3% to 67.4% over the past 5 years.
Debt Coverage: 2170's debt is well covered by operating cash flow (48.2%).
Interest Coverage: 2170's interest payments on its debt are well covered by EBIT (86x coverage).