PLANTLtd Balance Sheet Health
Financial Health criteria checks 6/6
PLANTLtd has a total shareholder equity of ¥15.8B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are ¥39.4B and ¥23.5B respectively. PLANTLtd's EBIT is ¥2.2B making its interest coverage ratio 35.6. It has cash and short-term investments of ¥5.0B.
Key information
39.5%
Debt to equity ratio
JP¥6.24b
Debt
Interest coverage ratio | 35.6x |
Cash | JP¥5.04b |
Equity | JP¥15.81b |
Total liabilities | JP¥23.55b |
Total assets | JP¥39.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7646's short term assets (¥16.7B) exceed its short term liabilities (¥12.8B).
Long Term Liabilities: 7646's short term assets (¥16.7B) exceed its long term liabilities (¥10.8B).
Debt to Equity History and Analysis
Debt Level: 7646's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: 7646's debt to equity ratio has reduced from 71.3% to 39.5% over the past 5 years.
Debt Coverage: 7646's debt is well covered by operating cash flow (67.6%).
Interest Coverage: 7646's interest payments on its debt are well covered by EBIT (35.6x coverage).