QLS Holdings Balance Sheet Health
Financial Health criteria checks 4/6
QLS Holdings has a total shareholder equity of ¥1.0B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 169.9%. Its total assets and total liabilities are ¥3.9B and ¥2.8B respectively. QLS Holdings's EBIT is ¥383.0M making its interest coverage ratio 20.2. It has cash and short-term investments of ¥1.3B.
Key information
169.9%
Debt to equity ratio
JP¥1.78b
Debt
Interest coverage ratio | 20.2x |
Cash | JP¥1.30b |
Equity | JP¥1.05b |
Total liabilities | JP¥2.85b |
Total assets | JP¥3.89b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 7075's short term assets (¥2.3B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 7075's short term assets (¥2.3B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 7075's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: Insufficient data to determine if 7075's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7075's debt is well covered by operating cash flow (38.2%).
Interest Coverage: 7075's interest payments on its debt are well covered by EBIT (20.2x coverage).