Life Balance Sheet Health
Financial Health criteria checks 5/6
Life has a total shareholder equity of ¥136.9B and total debt of ¥49.7B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are ¥287.1B and ¥150.3B respectively. Life's EBIT is ¥24.1B making its interest coverage ratio 3445.4. It has cash and short-term investments of ¥8.6B.
Key information
36.3%
Debt to equity ratio
JP¥49.66b
Debt
Interest coverage ratio | 3445.4x |
Cash | JP¥8.61b |
Equity | JP¥136.86b |
Total liabilities | JP¥150.29b |
Total assets | JP¥287.15b |
Financial Position Analysis
Short Term Liabilities: 8194's short term assets (¥82.8B) do not cover its short term liabilities (¥118.2B).
Long Term Liabilities: 8194's short term assets (¥82.8B) exceed its long term liabilities (¥32.1B).
Debt to Equity History and Analysis
Debt Level: 8194's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: 8194's debt to equity ratio has reduced from 112.5% to 36.3% over the past 5 years.
Debt Coverage: 8194's debt is well covered by operating cash flow (84%).
Interest Coverage: 8194's interest payments on its debt are well covered by EBIT (3445.4x coverage).