Pilot Balance Sheet Health
Financial Health criteria checks 6/6
Pilot has a total shareholder equity of ¥132.3B and total debt of ¥2.6B, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ¥166.5B and ¥34.1B respectively. Pilot's EBIT is ¥19.0B making its interest coverage ratio -27. It has cash and short-term investments of ¥39.2B.
Key information
2.0%
Debt to equity ratio
JP¥2.63b
Debt
Interest coverage ratio | -27x |
Cash | JP¥39.17b |
Equity | JP¥132.34b |
Total liabilities | JP¥34.12b |
Total assets | JP¥166.47b |
Financial Position Analysis
Short Term Liabilities: 7846's short term assets (¥107.1B) exceed its short term liabilities (¥31.6B).
Long Term Liabilities: 7846's short term assets (¥107.1B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 7846 has more cash than its total debt.
Reducing Debt: 7846's debt to equity ratio has reduced from 25.5% to 2% over the past 5 years.
Debt Coverage: 7846's debt is well covered by operating cash flow (386.7%).
Interest Coverage: 7846 earns more interest than it pays, so coverage of interest payments is not a concern.