Global Balance Sheet Health
Financial Health criteria checks 4/6
Global has a total shareholder equity of ¥6.2B and total debt of ¥34.4B, which brings its debt-to-equity ratio to 553.8%. Its total assets and total liabilities are ¥42.8B and ¥36.6B respectively. Global's EBIT is ¥3.2B making its interest coverage ratio 5.4. It has cash and short-term investments of ¥2.7B.
Key information
553.8%
Debt to equity ratio
JP¥34.36b
Debt
Interest coverage ratio | 5.4x |
Cash | JP¥2.67b |
Equity | JP¥6.21b |
Total liabilities | JP¥36.58b |
Total assets | JP¥42.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3271's short term assets (¥41.5B) exceed its short term liabilities (¥29.4B).
Long Term Liabilities: 3271's short term assets (¥41.5B) exceed its long term liabilities (¥7.1B).
Debt to Equity History and Analysis
Debt Level: 3271's net debt to equity ratio (510.7%) is considered high.
Reducing Debt: 3271's debt to equity ratio has reduced from 565.3% to 553.8% over the past 5 years.
Debt Coverage: 3271's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3271's interest payments on its debt are well covered by EBIT (5.4x coverage).