Lihit Lab.Inc Balance Sheet Health
Financial Health criteria checks 5/6
Lihit Lab.Inc has a total shareholder equity of ¥10.2B and total debt of ¥751.0M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are ¥13.1B and ¥2.9B respectively.
Key information
7.3%
Debt to equity ratio
JP¥751.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥1.24b |
Equity | JP¥10.24b |
Total liabilities | JP¥2.88b |
Total assets | JP¥13.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7975's short term assets (¥5.7B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 7975's short term assets (¥5.7B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 7975 has more cash than its total debt.
Reducing Debt: 7975's debt to equity ratio has reduced from 12.4% to 7.3% over the past 5 years.
Debt Coverage: 7975's debt is well covered by operating cash flow (88.3%).
Interest Coverage: Insufficient data to determine if 7975's interest payments on its debt are well covered by EBIT.