for Startups Balance Sheet Health
Financial Health criteria checks 5/6
for Startups has a total shareholder equity of ¥2.6B and total debt of ¥570.0M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are ¥3.8B and ¥1.3B respectively. for Startups's EBIT is ¥276.0M making its interest coverage ratio -46. It has cash and short-term investments of ¥2.4B.
Key information
22.2%
Debt to equity ratio
JP¥570.00m
Debt
| Interest coverage ratio | -46x |
| Cash | JP¥2.38b |
| Equity | JP¥2.57b |
| Total liabilities | JP¥1.27b |
| Total assets | JP¥3.83b |
Financial Position Analysis
Short Term Liabilities: 7089's short term assets (¥3.2B) exceed its short term liabilities (¥808.0M).
Long Term Liabilities: 7089's short term assets (¥3.2B) exceed its long term liabilities (¥458.0M).
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 debt is well covered by operating cash flow (94.9%).
Interest Coverage: 7089 earns more interest than it pays, so coverage of interest payments is not a concern.