DRAFT Balance Sheet Health
Financial Health criteria checks 5/6
DRAFT has a total shareholder equity of ¥3.5B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are ¥7.5B and ¥4.0B respectively. DRAFT's EBIT is ¥871.0M making its interest coverage ratio 67. It has cash and short-term investments of ¥1.8B.
Key information
43.2%
Debt to equity ratio
JP¥1.50b
Debt
Interest coverage ratio | 67x |
Cash | JP¥1.79b |
Equity | JP¥3.47b |
Total liabilities | JP¥3.99b |
Total assets | JP¥7.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5070's short term assets (¥5.9B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: 5070's short term assets (¥5.9B) exceed its long term liabilities (¥812.0M).
Debt to Equity History and Analysis
Debt Level: 5070 has more cash than its total debt.
Reducing Debt: 5070's debt to equity ratio has reduced from 238.1% to 43.2% over the past 5 years.
Debt Coverage: 5070's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: 5070's interest payments on its debt are well covered by EBIT (67x coverage).