Printnet Balance Sheet Health
Financial Health criteria checks 6/6
Printnet has a total shareholder equity of ¥3.8B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are ¥7.2B and ¥3.4B respectively. Printnet's EBIT is ¥501.0M making its interest coverage ratio 100.2. It has cash and short-term investments of ¥969.0M.
Key information
51.8%
Debt to equity ratio
JP¥1.98b
Debt
| Interest coverage ratio | 100.2x |
| Cash | JP¥969.00m |
| Equity | JP¥3.83b |
| Total liabilities | JP¥3.39b |
| Total assets | JP¥7.21b |
Financial Position Analysis
Short Term Liabilities: 7805's short term assets (¥2.7B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 7805's short term assets (¥2.7B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 7805's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: 7805's debt to equity ratio has reduced from 67.8% to 51.8% over the past 5 years.
Debt Coverage: 7805's debt is well covered by operating cash flow (40.1%).
Interest Coverage: 7805's interest payments on its debt are well covered by EBIT (100.2x coverage).