LIKE Balance Sheet Health
Financial Health criteria checks 6/6
LIKE has a total shareholder equity of ¥15.3B and total debt of ¥9.5B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are ¥36.0B and ¥20.6B respectively. LIKE's EBIT is ¥3.6B making its interest coverage ratio 54.9. It has cash and short-term investments of ¥8.2B.
Key information
61.7%
Debt to equity ratio
JP¥9.46b
Debt
Interest coverage ratio | 54.9x |
Cash | JP¥8.23b |
Equity | JP¥15.34b |
Total liabilities | JP¥20.62b |
Total assets | JP¥35.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2462's short term assets (¥14.4B) exceed its short term liabilities (¥10.4B).
Long Term Liabilities: 2462's short term assets (¥14.4B) exceed its long term liabilities (¥10.2B).
Debt to Equity History and Analysis
Debt Level: 2462's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: 2462's debt to equity ratio has reduced from 88.1% to 61.7% over the past 5 years.
Debt Coverage: 2462's debt is well covered by operating cash flow (47.9%).
Interest Coverage: 2462's interest payments on its debt are well covered by EBIT (54.9x coverage).