for Startups Balance Sheet Health
Financial Health criteria checks 4/6
for Startups has a total shareholder equity of ¥2.3B and total debt of ¥12.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ¥2.8B and ¥491.0M respectively. for Startups's EBIT is ¥356.0M making its interest coverage ratio -59.3. It has cash and short-term investments of ¥1.4B.
Key information
0.5%
Debt to equity ratio
JP¥12.00m
Debt
Interest coverage ratio | -59.3x |
Cash | JP¥1.43b |
Equity | JP¥2.32b |
Total liabilities | JP¥491.00m |
Total assets | JP¥2.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7089's short term assets (¥2.2B) exceed its short term liabilities (¥489.0M).
Long Term Liabilities: 7089's short term assets (¥2.2B) exceed its long term liabilities (¥2.0M).
Debt to Equity History and Analysis
Debt Level: 7089 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 7089's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7089's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7089 earns more interest than it pays, so coverage of interest payments is not a concern.