Qol Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Qol Holdings has a total shareholder equity of ¥57.6B and total debt of ¥33.5B, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are ¥146.9B and ¥89.3B respectively. Qol Holdings's EBIT is ¥9.4B making its interest coverage ratio 72.1. It has cash and short-term investments of ¥29.7B.
Key information
58.1%
Debt to equity ratio
JP¥33.45b
Debt
Interest coverage ratio | 72.1x |
Cash | JP¥29.68b |
Equity | JP¥57.57b |
Total liabilities | JP¥89.34b |
Total assets | JP¥146.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3034's short term assets (¥64.5B) exceed its short term liabilities (¥63.4B).
Long Term Liabilities: 3034's short term assets (¥64.5B) exceed its long term liabilities (¥26.0B).
Debt to Equity History and Analysis
Debt Level: 3034's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: 3034's debt to equity ratio has reduced from 76.5% to 58.1% over the past 5 years.
Debt Coverage: 3034's debt is well covered by operating cash flow (40.5%).
Interest Coverage: 3034's interest payments on its debt are well covered by EBIT (72.1x coverage).