Gokurakuyu Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Gokurakuyu Holdings has a total shareholder equity of ¥2.3B and total debt of ¥4.4B, which brings its debt-to-equity ratio to 186%. Its total assets and total liabilities are ¥10.9B and ¥8.6B respectively. Gokurakuyu Holdings's EBIT is ¥680.0M making its interest coverage ratio 9.3. It has cash and short-term investments of ¥2.4B.
Key information
186.0%
Debt to equity ratio
JP¥4.35b
Debt
| Interest coverage ratio | 9.3x |
| Cash | JP¥2.44b |
| Equity | JP¥2.34b |
| Total liabilities | JP¥8.60b |
| Total assets | JP¥10.94b |
Financial Position Analysis
Short Term Liabilities: 2340's short term assets (¥3.2B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 2340's short term assets (¥3.2B) do not cover its long term liabilities (¥5.9B).
Debt to Equity History and Analysis
Debt Level: 2340's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: 2340's debt to equity ratio has increased from 120.3% to 186% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2340 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2340 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57.6% per year.