gremzInc Balance Sheet Health
Financial Health criteria checks 6/6
gremzInc has a total shareholder equity of ¥12.6B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are ¥20.4B and ¥7.8B respectively. gremzInc's EBIT is ¥5.5B making its interest coverage ratio -119.4. It has cash and short-term investments of ¥9.6B.
Key information
23.3%
Debt to equity ratio
JP¥2.93b
Debt
| Interest coverage ratio | -119.4x |
| Cash | JP¥9.62b |
| Equity | JP¥12.58b |
| Total liabilities | JP¥7.80b |
| Total assets | JP¥20.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3150's short term assets (¥15.7B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 3150's short term assets (¥15.7B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: 3150 has more cash than its total debt.
Reducing Debt: 3150's debt to equity ratio has reduced from 38.3% to 23.3% over the past 5 years.
Debt Coverage: 3150's debt is well covered by operating cash flow (200.7%).
Interest Coverage: 3150 earns more interest than it pays, so coverage of interest payments is not a concern.