Demae-CanLtd Balance Sheet Health
Financial Health criteria checks 6/6
Demae-CanLtd has a total shareholder equity of ¥38.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥49.4B and ¥11.4B respectively.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | n/a |
Cash | JP¥37.61b |
Equity | JP¥38.06b |
Total liabilities | JP¥11.35b |
Total assets | JP¥49.42b |
Recent financial health updates
Recent updates
JP¥2,250: That's What Analysts Think Demae-Can Co.,Ltd (TYO:2484) Is Worth After Its Latest Results
Apr 17Did You Miss Demae-CanLtd's (TYO:2484) Whopping 573% Share Price Gain?
Mar 10We're Hopeful That Demae-CanLtd (TYO:2484) Will Use Its Cash Wisely
Jan 29Do Insiders Own Lots Of Shares In Demae-Can Co.,Ltd (TYO:2484)?
Dec 25The Demae-CanLtd (TYO:2484) Share Price Is Up 909% And Shareholders Are Delighted
Nov 20Financial Position Analysis
Short Term Liabilities: 2484's short term assets (¥49.0B) exceed its short term liabilities (¥11.3B).
Long Term Liabilities: 2484's short term assets (¥49.0B) exceed its long term liabilities (¥88.0M).
Debt to Equity History and Analysis
Debt Level: 2484 is debt free.
Reducing Debt: 2484 has no debt compared to 5 years ago when its debt to equity ratio was 20.8%.
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: 2484 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2484 has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 38.4% each year.