KarulaLTD Balance Sheet Health
Financial Health criteria checks 2/6
KarulaLTD has a total shareholder equity of ¥1.9B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 117.8%. Its total assets and total liabilities are ¥5.1B and ¥3.2B respectively. KarulaLTD's EBIT is ¥358.0M making its interest coverage ratio 8.3. It has cash and short-term investments of ¥999.0M.
Key information
117.8%
Debt to equity ratio
JP¥2.24b
Debt
| Interest coverage ratio | 8.3x |
| Cash | JP¥999.00m |
| Equity | JP¥1.90b |
| Total liabilities | JP¥3.20b |
| Total assets | JP¥5.11b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2789's short term assets (¥1.5B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 2789's short term assets (¥1.5B) do not cover its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 2789's net debt to equity ratio (65.3%) is considered high.
Reducing Debt: 2789's debt to equity ratio has increased from 69% to 117.8% over the past 5 years.
Debt Coverage: 2789's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 2789's interest payments on its debt are well covered by EBIT (8.3x coverage).