Heian Ceremony ServiceLtd Balance Sheet Health
Financial Health criteria checks 5/6
Heian Ceremony ServiceLtd has a total shareholder equity of ¥20.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥33.5B and ¥13.0B respectively. Heian Ceremony ServiceLtd's EBIT is ¥1.6B making its interest coverage ratio -818. It has cash and short-term investments of ¥8.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -818x |
| Cash | JP¥8.04b |
| Equity | JP¥20.51b |
| Total liabilities | JP¥13.03b |
| Total assets | JP¥33.53b |
Recent financial health updates
Recent updates
Is Heian Ceremony Service Co.,Ltd. (TYO:2344) An Attractive Dividend Stock?
May 08
Capital Allocation Trends At Heian Ceremony ServiceLtd (TYO:2344) Aren't Ideal
Mar 22Shareholders Of Heian Ceremony ServiceLtd (TYO:2344) Must Be Happy With Their 56% Return
Feb 24Should You Or Shouldn't You: A Dividend Analysis on Heian Ceremony Service Co.,Ltd. (TYO:2344)
Feb 03
What You Need To Know About Heian Ceremony Service Co.,Ltd.'s (TYO:2344) Investor Composition
Jan 13Is Heian Ceremony ServiceLtd (TYO:2344) Using Capital Effectively?
Dec 17Did You Miss Heian Ceremony ServiceLtd's (TYO:2344) 18% Share Price Gain?
Nov 26Financial Position Analysis
Short Term Liabilities: 2344's short term assets (¥8.7B) exceed its short term liabilities (¥1.0B).
Long Term Liabilities: 2344's short term assets (¥8.7B) do not cover its long term liabilities (¥12.0B).
Debt to Equity History and Analysis
Debt Level: 2344 is debt free.
Reducing Debt: 2344 has not had any debt for past 5 years.
Debt Coverage: 2344 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2344 has no debt, therefore coverage of interest payments is not a concern.