Lobtex Balance Sheet Health
Financial Health criteria checks 5/6
Lobtex has a total shareholder equity of ¥4.9B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 60.3%. Its total assets and total liabilities are ¥8.8B and ¥3.9B respectively. Lobtex's EBIT is ¥349.0M making its interest coverage ratio 58.2. It has cash and short-term investments of ¥2.4B.
Key information
60.3%
Debt to equity ratio
JP¥2.95b
Debt
Interest coverage ratio | 58.2x |
Cash | JP¥2.39b |
Equity | JP¥4.88b |
Total liabilities | JP¥3.90b |
Total assets | JP¥8.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5969's short term assets (¥5.9B) exceed its short term liabilities (¥2.4B).
Long Term Liabilities: 5969's short term assets (¥5.9B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 5969's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: 5969's debt to equity ratio has reduced from 64.2% to 60.3% over the past 5 years.
Debt Coverage: 5969's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5969's interest payments on its debt are well covered by EBIT (58.2x coverage).