SHIKIGAKU Balance Sheet Health
Financial Health criteria checks 5/6
SHIKIGAKU has a total shareholder equity of ¥3.3B and total debt of ¥484.0M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are ¥4.9B and ¥1.6B respectively. SHIKIGAKU's EBIT is ¥261.0M making its interest coverage ratio 43.5. It has cash and short-term investments of ¥2.4B.
Key information
14.9%
Debt to equity ratio
JP¥484.00m
Debt
| Interest coverage ratio | 43.5x |
| Cash | JP¥2.42b |
| Equity | JP¥3.25b |
| Total liabilities | JP¥1.62b |
| Total assets | JP¥4.87b |
Recent financial health updates
Recent updates
We Believe SHIKIGAKU's (TSE:7049) Earnings Are A Poor Guide For Its Profitability
Oct 18
Calculating The Fair Value Of SHIKIGAKU. Co., Ltd. (TSE:7049)
Oct 16These 4 Measures Indicate That SHIKIGAKU (TSE:7049) Is Using Debt Reasonably Well
Aug 08A Piece Of The Puzzle Missing From SHIKIGAKU. Co., Ltd.'s (TSE:7049) 35% Share Price Climb
Jul 18Should You Think About Buying SHIKIGAKU. Co., Ltd. (TSE:7049) Now?
Jul 13Financial Position Analysis
Short Term Liabilities: 7049's short term assets (¥4.1B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 7049's short term assets (¥4.1B) exceed its long term liabilities (¥195.0M).
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 debt is well covered by operating cash flow (22.7%).
Interest Coverage: 7049's interest payments on its debt are well covered by EBIT (43.5x coverage).