QuickLtd Balance Sheet Health
Financial Health criteria checks 6/6
QuickLtd has a total shareholder equity of ¥16.4B and total debt of ¥121.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥22.0B and ¥5.6B respectively. QuickLtd's EBIT is ¥5.0B making its interest coverage ratio -551.7. It has cash and short-term investments of ¥13.1B.
Key information
0.7%
Debt to equity ratio
JP¥121.00m
Debt
| Interest coverage ratio | -551.7x |
| Cash | JP¥13.06b |
| Equity | JP¥16.42b |
| Total liabilities | JP¥5.62b |
| Total assets | JP¥22.04b |
Recent financial health updates
No updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In QuickLtd's (TSE:4318) Earnings
May 03
QuickLtd (TSE:4318) Has Announced That It Will Be Increasing Its Dividend To ¥54.00
Mar 26QuickLtd (TSE:4318) Is Paying Out A Larger Dividend Than Last Year
Mar 11QuickLtd's (TSE:4318) Dividend Will Be Increased To ¥54.00
Feb 26Financial Position Analysis
Short Term Liabilities: 4318's short term assets (¥16.4B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 4318's short term assets (¥16.4B) exceed its long term liabilities (¥462.0M).
Debt to Equity History and Analysis
Debt Level: 4318 has more cash than its total debt.
Reducing Debt: 4318's debt to equity ratio has reduced from 2.3% to 0.7% over the past 5 years.
Debt Coverage: 4318's debt is well covered by operating cash flow (2457%).
Interest Coverage: 4318 earns more interest than it pays, so coverage of interest payments is not a concern.