Prestige International Balance Sheet Health
Financial Health criteria checks 6/6
Prestige International has a total shareholder equity of ¥44.8B and total debt of ¥312.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥64.6B and ¥19.8B respectively. Prestige International's EBIT is ¥7.6B making its interest coverage ratio -24.7. It has cash and short-term investments of ¥19.9B.
Key information
0.7%
Debt to equity ratio
JP¥312.00m
Debt
| Interest coverage ratio | -24.7x |
| Cash | JP¥19.87b |
| Equity | JP¥44.80b |
| Total liabilities | JP¥19.82b |
| Total assets | JP¥64.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4290's short term assets (¥37.7B) exceed its short term liabilities (¥17.1B).
Long Term Liabilities: 4290's short term assets (¥37.7B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 4290 has more cash than its total debt.
Reducing Debt: 4290's debt to equity ratio has reduced from 0.9% to 0.7% over the past 5 years.
Debt Coverage: 4290's debt is well covered by operating cash flow (2443.9%).
Interest Coverage: 4290 earns more interest than it pays, so coverage of interest payments is not a concern.