Pressance Balance Sheet Health
Financial Health criteria checks 5/6
Pressance has a total shareholder equity of ¥186.1B and total debt of ¥89.3B, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are ¥293.9B and ¥107.8B respectively. Pressance's EBIT is ¥25.8B making its interest coverage ratio 52.7. It has cash and short-term investments of ¥102.9B.
Key information
48.0%
Debt to equity ratio
JP¥89.28b
Debt
Interest coverage ratio | 52.7x |
Cash | JP¥102.88b |
Equity | JP¥186.08b |
Total liabilities | JP¥107.84b |
Total assets | JP¥293.91b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3254's short term assets (¥270.2B) exceed its short term liabilities (¥24.4B).
Long Term Liabilities: 3254's short term assets (¥270.2B) exceed its long term liabilities (¥83.4B).
Debt to Equity History and Analysis
Debt Level: 3254 has more cash than its total debt.
Reducing Debt: 3254's debt to equity ratio has reduced from 188.2% to 48% over the past 5 years.
Debt Coverage: 3254's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3254's interest payments on its debt are well covered by EBIT (52.7x coverage).