Qol Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Qol Holdings has a total shareholder equity of ¥58.0B and total debt of ¥27.2B, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are ¥137.3B and ¥79.3B respectively. Qol Holdings's EBIT is ¥10.9B making its interest coverage ratio 70.1. It has cash and short-term investments of ¥21.8B.
Key information
46.9%
Debt to equity ratio
JP¥27.18b
Debt
| Interest coverage ratio | 70.1x |
| Cash | JP¥21.84b |
| Equity | JP¥57.96b |
| Total liabilities | JP¥79.33b |
| Total assets | JP¥137.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3034's short term assets (¥54.4B) do not cover its short term liabilities (¥55.5B).
Long Term Liabilities: 3034's short term assets (¥54.4B) exceed its long term liabilities (¥23.8B).
Debt to Equity History and Analysis
Debt Level: 3034's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 3034's debt to equity ratio has reduced from 91.8% to 46.9% over the past 5 years.
Debt Coverage: 3034's debt is well covered by operating cash flow (28%).
Interest Coverage: 3034's interest payments on its debt are well covered by EBIT (70.1x coverage).