LIKE Balance Sheet Health
Financial Health criteria checks 6/6
LIKE has a total shareholder equity of ¥16.4B and total debt of ¥9.8B, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are ¥37.8B and ¥21.4B respectively. LIKE's EBIT is ¥3.3B making its interest coverage ratio 41.9. It has cash and short-term investments of ¥9.9B.
Key information
59.8%
Debt to equity ratio
JP¥9.82b
Debt
| Interest coverage ratio | 41.9x |
| Cash | JP¥9.88b |
| Equity | JP¥16.41b |
| Total liabilities | JP¥21.44b |
| Total assets | JP¥37.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2462's short term assets (¥15.2B) exceed its short term liabilities (¥11.0B).
Long Term Liabilities: 2462's short term assets (¥15.2B) exceed its long term liabilities (¥10.5B).
Debt to Equity History and Analysis
Debt Level: 2462 has more cash than its total debt.
Reducing Debt: 2462's debt to equity ratio has reduced from 75.7% to 59.8% over the past 5 years.
Debt Coverage: 2462's debt is well covered by operating cash flow (37%).
Interest Coverage: 2462's interest payments on its debt are well covered by EBIT (41.9x coverage).