Life Balance Sheet Health
Financial Health criteria checks 5/6
Life has a total shareholder equity of ¥143.5B and total debt of ¥27.0B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are ¥317.0B and ¥173.5B respectively. Life's EBIT is ¥23.9B making its interest coverage ratio 2659.9. It has cash and short-term investments of ¥29.0B.
Key information
18.8%
Debt to equity ratio
JP¥26.96b
Debt
| Interest coverage ratio | 2659.9x |
| Cash | JP¥28.97b |
| Equity | JP¥143.47b |
| Total liabilities | JP¥173.50b |
| Total assets | JP¥316.97b |
Recent financial health updates
Recent updates
Shareholders Will Be Pleased With The Quality of Life's (TSE:8194) Earnings
Oct 14
Life Corporation's (TSE:8194) Price Is Right But Growth Is Lacking
Oct 08Life (TSE:8194) Has Announced A Dividend Of ¥50.00
Aug 06Life (TSE:8194) Is Due To Pay A Dividend Of ¥50.00
Jul 22Life (TSE:8194) Is Due To Pay A Dividend Of ¥50.00
Jul 06Life (TSE:8194) Will Pay A Dividend Of ¥50.00
Jun 22Life's (TSE:8194) Dividend Will Be ¥50.00
Jun 07Does Life (TSE:8194) Have A Healthy Balance Sheet?
May 01There's Been No Shortage Of Growth Recently For Life's (TSE:8194) Returns On Capital
Apr 03Financial Position Analysis
Short Term Liabilities: 8194's short term assets (¥111.2B) do not cover its short term liabilities (¥143.9B).
Long Term Liabilities: 8194's short term assets (¥111.2B) exceed its long term liabilities (¥29.6B).
Debt to Equity History and Analysis
Debt Level: 8194 has more cash than its total debt.
Reducing Debt: 8194's debt to equity ratio has reduced from 64.9% to 18.8% over the past 5 years.
Debt Coverage: 8194's debt is well covered by operating cash flow (258.3%).
Interest Coverage: 8194's interest payments on its debt are well covered by EBIT (2659.9x coverage).