PLANTLtd Balance Sheet Health
Financial Health criteria checks 6/6
PLANTLtd has a total shareholder equity of ¥14.4B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are ¥38.4B and ¥24.0B respectively. PLANTLtd's EBIT is ¥11.7B making its interest coverage ratio 204.5. It has cash and short-term investments of ¥5.6B.
Key information
41.7%
Debt to equity ratio
JP¥6.00b
Debt
| Interest coverage ratio | 204.5x |
| Cash | JP¥5.62b |
| Equity | JP¥14.39b |
| Total liabilities | JP¥24.00b |
| Total assets | JP¥38.39b |
Recent financial health updates
No updates
Recent updates
We Think PLANTLtd's (TSE:7646) Robust Earnings Are Conservative
Nov 03
PLANT Co.,Ltd. (TSE:7646) Stock Rockets 37% As Investors Are Less Pessimistic Than Expected
Sep 04PLANTLtd (TSE:7646) Is Increasing Its Dividend To ¥30.00
Jul 29PLANTLtd's (TSE:7646) Shareholders Will Receive A Bigger Dividend Than Last Year
May 05We Think You Can Look Beyond PLANTLtd's (TSE:7646) Lackluster Earnings
May 03Financial Position Analysis
Short Term Liabilities: 7646's short term assets (¥17.4B) exceed its short term liabilities (¥13.7B).
Long Term Liabilities: 7646's short term assets (¥17.4B) exceed its long term liabilities (¥10.3B).
Debt to Equity History and Analysis
Debt Level: 7646's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 7646's debt to equity ratio has reduced from 71.8% to 41.7% over the past 5 years.
Debt Coverage: 7646's debt is well covered by operating cash flow (41.7%).
Interest Coverage: 7646's interest payments on its debt are well covered by EBIT (204.5x coverage).