Lihit Lab.Inc Balance Sheet Health
Financial Health criteria checks 5/6
Lihit Lab.Inc has a total shareholder equity of ¥10.4B and total debt of ¥673.0M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ¥13.4B and ¥3.0B respectively.
Key information
6.5%
Debt to equity ratio
JP¥673.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥1.46b |
Equity | JP¥10.37b |
Total liabilities | JP¥2.99b |
Total assets | JP¥13.36b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7975's short term assets (¥5.9B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 7975's short term assets (¥5.9B) exceed its long term liabilities (¥1.7B).
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 13.9% to 6.5% over the past 5 years.
Debt Coverage: 7975's debt is well covered by operating cash flow (98.5%).
Interest Coverage: Insufficient data to determine if 7975's interest payments on its debt are well covered by EBIT.