Printnet Balance Sheet Health
Financial Health criteria checks 6/6
Printnet has a total shareholder equity of ¥3.7B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are ¥7.3B and ¥3.6B respectively. Printnet's EBIT is ¥551.0M making its interest coverage ratio 91.8. It has cash and short-term investments of ¥958.0M.
Key information
53.3%
Debt to equity ratio
JP¥1.97b
Debt
Interest coverage ratio | 91.8x |
Cash | JP¥958.00m |
Equity | JP¥3.70b |
Total liabilities | JP¥3.58b |
Total assets | JP¥7.28b |
Financial Position Analysis
Short Term Liabilities: 7805's short term assets (¥2.7B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 7805's short term assets (¥2.7B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 7805's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: 7805's debt to equity ratio has reduced from 57.3% to 53.3% over the past 5 years.
Debt Coverage: 7805's debt is well covered by operating cash flow (40.4%).
Interest Coverage: 7805's interest payments on its debt are well covered by EBIT (91.8x coverage).