LIKE Balance Sheet Health
Financial Health criteria checks 6/6
LIKE has a total shareholder equity of ¥16.8B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are ¥38.5B and ¥21.7B respectively. LIKE's EBIT is ¥3.3B making its interest coverage ratio 40.2. It has cash and short-term investments of ¥9.4B.
Key information
57.9%
Debt to equity ratio
JP¥9.73b
Debt
Interest coverage ratio | 40.2x |
Cash | JP¥9.44b |
Equity | JP¥16.81b |
Total liabilities | JP¥21.69b |
Total assets | JP¥38.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2462's short term assets (¥16.6B) exceed its short term liabilities (¥11.0B).
Long Term Liabilities: 2462's short term assets (¥16.6B) exceed its long term liabilities (¥10.7B).
Debt to Equity History and Analysis
Debt Level: 2462's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: 2462's debt to equity ratio has reduced from 82.2% to 57.9% over the past 5 years.
Debt Coverage: 2462's debt is well covered by operating cash flow (37.4%).
Interest Coverage: 2462's interest payments on its debt are well covered by EBIT (40.2x coverage).