Lihit Lab.Inc Balance Sheet Health
Financial Health criteria checks 5/6
Lihit Lab.Inc has a total shareholder equity of ¥10.3B and total debt of ¥594.0M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are ¥13.0B and ¥2.7B respectively.
Key information
5.8%
Debt to equity ratio
JP¥594.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥1.53b |
| Equity | JP¥10.27b |
| Total liabilities | JP¥2.73b |
| Total assets | JP¥13.00b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7975's short term assets (¥5.6B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 7975's short term assets (¥5.6B) exceed its long term liabilities (¥1.6B).
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 13.1% to 5.8% over the past 5 years.
Debt Coverage: 7975's debt is well covered by operating cash flow (90.9%).
Interest Coverage: Insufficient data to determine if 7975's interest payments on its debt are well covered by EBIT.