Life Foods Balance Sheet Health
Financial Health criteria checks 5/6
Life Foods has a total shareholder equity of ¥1.5B and total debt of ¥948.0M, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are ¥4.8B and ¥3.3B respectively. Life Foods's EBIT is ¥309.0M making its interest coverage ratio 44.1. It has cash and short-term investments of ¥3.0B.
Key information
63.8%
Debt to equity ratio
JP¥948.00m
Debt
| Interest coverage ratio | 44.1x |
| Cash | JP¥3.00b |
| Equity | JP¥1.49b |
| Total liabilities | JP¥3.27b |
| Total assets | JP¥4.76b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3065's short term assets (¥3.4B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 3065's short term assets (¥3.4B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 3065 has more cash than its total debt.
Reducing Debt: 3065's debt to equity ratio has increased from 4.9% to 63.8% over the past 5 years.
Debt Coverage: 3065's debt is well covered by operating cash flow (84.9%).
Interest Coverage: 3065's interest payments on its debt are well covered by EBIT (44.1x coverage).