Prestige International Balance Sheet Health
Financial Health criteria checks 6/6
Prestige International has a total shareholder equity of ¥48.5B and total debt of ¥187.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥69.3B and ¥20.8B respectively. Prestige International's EBIT is ¥7.8B making its interest coverage ratio -22.7. It has cash and short-term investments of ¥22.2B.
Key information
0.4%
Debt to equity ratio
JP¥187.00m
Debt
| Interest coverage ratio | -22.7x |
| Cash | JP¥22.22b |
| Equity | JP¥48.50b |
| Total liabilities | JP¥20.76b |
| Total assets | JP¥69.25b |
Recent financial health updates
No updates
Recent updates
Prestige International's (TSE:4290) Promising Earnings May Rest On Soft Foundations
Nov 27
The Returns At Prestige International (TSE:4290) Aren't Growing
Aug 30Prestige International (TSE:4290) Will Pay A Larger Dividend Than Last Year At ¥12.00
Aug 01Solid Earnings May Not Tell The Whole Story For Prestige International (TSE:4290)
May 21Returns On Capital At Prestige International (TSE:4290) Have Hit The Brakes
Apr 19Prestige International (TSE:4290) Is Paying Out A Dividend Of ¥6.00
Mar 18Financial Position Analysis
Short Term Liabilities: 4290's short term assets (¥40.5B) exceed its short term liabilities (¥18.0B).
Long Term Liabilities: 4290's short term assets (¥40.5B) 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 3.4% to 0.4% over the past 5 years.
Debt Coverage: 4290's debt is well covered by operating cash flow (3774.3%).
Interest Coverage: 4290 earns more interest than it pays, so coverage of interest payments is not a concern.