Look Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Look Holdings has a total shareholder equity of ¥34.4B and total debt of ¥10.9B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are ¥56.9B and ¥22.4B respectively. Look Holdings's EBIT is ¥3.1B making its interest coverage ratio -62.4. It has cash and short-term investments of ¥7.3B.
Key information
31.7%
Debt to equity ratio
JP¥10.91b
Debt
Interest coverage ratio | -62.4x |
Cash | JP¥7.32b |
Equity | JP¥34.42b |
Total liabilities | JP¥22.44b |
Total assets | JP¥56.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8029's short term assets (¥27.9B) exceed its short term liabilities (¥11.2B).
Long Term Liabilities: 8029's short term assets (¥27.9B) exceed its long term liabilities (¥11.3B).
Debt to Equity History and Analysis
Debt Level: 8029's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: 8029's debt to equity ratio has increased from 11.8% to 31.7% over the past 5 years.
Debt Coverage: 8029's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: 8029 earns more interest than it pays, so coverage of interest payments is not a concern.