Look Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Look Holdings has a total shareholder equity of ¥36.5B and total debt of ¥11.2B, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are ¥60.4B and ¥23.9B respectively. Look Holdings's EBIT is ¥2.8B making its interest coverage ratio -49.4. It has cash and short-term investments of ¥7.4B.
Key information
30.7%
Debt to equity ratio
JP¥11.20b
Debt
Interest coverage ratio | -49.4x |
Cash | JP¥7.42b |
Equity | JP¥36.51b |
Total liabilities | JP¥23.93b |
Total assets | JP¥60.44b |
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 (¥10.9B).
Long Term Liabilities: 8029's short term assets (¥28.9B) exceed its long term liabilities (¥13.0B).
Debt to Equity History and Analysis
Debt Level: 8029's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 8029's debt to equity ratio has increased from 11.8% to 30.7% over the past 5 years.
Debt Coverage: 8029's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 8029 earns more interest than it pays, so coverage of interest payments is not a concern.