KarulaLTD Balance Sheet Health
Financial Health criteria checks 2/6
KarulaLTD has a total shareholder equity of ¥1.6B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 182.9%. Its total assets and total liabilities are ¥5.6B and ¥3.9B respectively. KarulaLTD's EBIT is ¥349.0M making its interest coverage ratio 8.9. It has cash and short-term investments of ¥1.6B.
Key information
182.9%
Debt to equity ratio
JP¥3.02b
Debt
| Interest coverage ratio | 8.9x |
| Cash | JP¥1.56b |
| Equity | JP¥1.65b |
| Total liabilities | JP¥3.93b |
| Total assets | JP¥5.58b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2789's short term assets (¥1.9B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 2789's short term assets (¥1.9B) do not cover its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 2789's net debt to equity ratio (88.4%) is considered high.
Reducing Debt: 2789's debt to equity ratio has increased from 74.1% to 182.9% over the past 5 years.
Debt Coverage: 2789's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: 2789's interest payments on its debt are well covered by EBIT (8.9x coverage).