Heian Ceremony ServiceLtd Balance Sheet Health
Financial Health criteria checks 5/6
Heian Ceremony ServiceLtd has a total shareholder equity of ¥20.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥34.0B and ¥13.3B respectively. Heian Ceremony ServiceLtd's EBIT is ¥1.6B making its interest coverage ratio -540.3. It has cash and short-term investments of ¥8.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -540.3x |
Cash | JP¥8.63b |
Equity | JP¥20.67b |
Total liabilities | JP¥13.35b |
Total assets | JP¥34.02b |
Recent financial health updates
Recent updates
Some May Be Optimistic About Heian Ceremony ServiceLtd's (TSE:2344) Earnings
May 21Is Heian Ceremony Service Co.,Ltd. (TYO:2344) An Attractive Dividend Stock?
May 08Capital 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 03What 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 (¥9.2B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 2344's short term assets (¥9.2B) do not cover its long term liabilities (¥11.9B).
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.