Lobtex Balance Sheet Health
Financial Health criteria checks 4/6
Lobtex has a total shareholder equity of ¥4.9B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are ¥9.2B and ¥4.4B respectively. Lobtex's EBIT is ¥346.0M making its interest coverage ratio 69.2. It has cash and short-term investments of ¥2.8B.
Key information
67.8%
Debt to equity ratio
JP¥3.30b
Debt
| Interest coverage ratio | 69.2x |
| Cash | JP¥2.79b |
| Equity | JP¥4.87b |
| Total liabilities | JP¥4.37b |
| Total assets | JP¥9.23b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5969's short term assets (¥6.2B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 5969's short term assets (¥6.2B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 5969's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: 5969's debt to equity ratio has increased from 67.6% to 67.8% over the past 5 years.
Debt Coverage: 5969's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 5969's interest payments on its debt are well covered by EBIT (69.2x coverage).