Joyfull Balance Sheet Health
Financial Health criteria checks 4/6
Joyfull has a total shareholder equity of ¥10.4B and total debt of ¥7.5B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are ¥30.4B and ¥20.0B respectively. Joyfull's EBIT is ¥3.9B making its interest coverage ratio 33.6. It has cash and short-term investments of ¥3.5B.
Key information
71.9%
Debt to equity ratio
JP¥7.50b
Debt
| Interest coverage ratio | 33.6x |
| Cash | JP¥3.48b |
| Equity | JP¥10.43b |
| Total liabilities | JP¥20.00b |
| Total assets | JP¥30.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9942's short term assets (¥7.0B) do not cover its short term liabilities (¥10.1B).
Long Term Liabilities: 9942's short term assets (¥7.0B) do not cover its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: 9942's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: 9942's debt to equity ratio has reduced from 150.1% to 71.9% over the past 5 years.
Debt Coverage: 9942's debt is well covered by operating cash flow (82.2%).
Interest Coverage: 9942's interest payments on its debt are well covered by EBIT (33.6x coverage).