SHIKIGAKU Balance Sheet Health
Financial Health criteria checks 4/6
SHIKIGAKU has a total shareholder equity of ¥3.1B and total debt of ¥555.0M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are ¥4.5B and ¥1.4B respectively. SHIKIGAKU's EBIT is ¥124.0M making its interest coverage ratio 24.8. It has cash and short-term investments of ¥2.0B.
Key information
17.8%
Debt to equity ratio
JP¥555.00m
Debt
| Interest coverage ratio | 24.8x |
| Cash | JP¥1.96b |
| Equity | JP¥3.12b |
| Total liabilities | JP¥1.38b |
| Total assets | JP¥4.50b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7049's short term assets (¥3.8B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 7049's short term assets (¥3.8B) exceed its long term liabilities (¥265.0M).
Debt to Equity History and Analysis
Debt Level: 7049 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 7049's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7049's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7049's interest payments on its debt are well covered by EBIT (24.8x coverage).