Look Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Look Holdings has a total shareholder equity of ¥36.2B and total debt of ¥11.0B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are ¥59.6B and ¥23.5B respectively. Look Holdings's EBIT is ¥2.3B making its interest coverage ratio -24.2. It has cash and short-term investments of ¥6.7B.
Key information
30.4%
Debt to equity ratio
JP¥11.01b
Debt
| Interest coverage ratio | -24.2x |
| Cash | JP¥6.75b |
| Equity | JP¥36.18b |
| Total liabilities | JP¥23.46b |
| Total assets | JP¥59.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8029's short term assets (¥28.9B) exceed its short term liabilities (¥9.2B).
Long Term Liabilities: 8029's short term assets (¥28.9B) exceed its long term liabilities (¥14.3B).
Debt to Equity History and Analysis
Debt Level: 8029's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: 8029's debt to equity ratio has reduced from 69% to 30.4% over the past 5 years.
Debt Coverage: 8029's debt is well covered by operating cash flow (21.6%).
Interest Coverage: 8029 earns more interest than it pays, so coverage of interest payments is not a concern.