Zetton Balance Sheet Health
Financial Health criteria checks 5/6
Zetton has a total shareholder equity of ¥2.9B and total debt of ¥905.0M, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are ¥7.7B and ¥4.8B respectively. Zetton's EBIT is ¥204.0M making its interest coverage ratio 102. It has cash and short-term investments of ¥1.6B.
Key information
31.0%
Debt to equity ratio
JP¥905.00m
Debt
| Interest coverage ratio | 102x |
| Cash | JP¥1.59b |
| Equity | JP¥2.92b |
| Total liabilities | JP¥4.77b |
| Total assets | JP¥7.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3057's short term assets (¥2.2B) exceed its short term liabilities (¥1.9B).
Long Term Liabilities: 3057's short term assets (¥2.2B) do not cover its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 3057 has more cash than its total debt.
Reducing Debt: 3057's debt to equity ratio has reduced from 99.6% to 31% over the past 5 years.
Debt Coverage: 3057's debt is well covered by operating cash flow (53.6%).
Interest Coverage: 3057's interest payments on its debt are well covered by EBIT (102x coverage).