Goldwin Balance Sheet Health
Financial Health criteria checks 6/6
Goldwin has a total shareholder equity of ¥92.2B and total debt of ¥2.3B, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ¥139.6B and ¥47.4B respectively. Goldwin's EBIT is ¥22.8B making its interest coverage ratio -278.2. It has cash and short-term investments of ¥37.5B.
Key information
2.5%
Debt to equity ratio
JP¥2.31b
Debt
Interest coverage ratio | -278.2x |
Cash | JP¥37.46b |
Equity | JP¥92.16b |
Total liabilities | JP¥47.43b |
Total assets | JP¥139.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8111's short term assets (¥85.3B) exceed its short term liabilities (¥42.7B).
Long Term Liabilities: 8111's short term assets (¥85.3B) exceed its long term liabilities (¥4.7B).
Debt to Equity History and Analysis
Debt Level: 8111 has more cash than its total debt.
Reducing Debt: 8111's debt to equity ratio has reduced from 34.7% to 2.5% over the past 5 years.
Debt Coverage: 8111's debt is well covered by operating cash flow (815.8%).
Interest Coverage: 8111 earns more interest than it pays, so coverage of interest payments is not a concern.