Global Kids Balance Sheet Health
Financial Health criteria checks 6/6
Global Kids has a total shareholder equity of ¥8.1B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are ¥15.5B and ¥7.3B respectively. Global Kids's EBIT is ¥790.0M making its interest coverage ratio 34.3. It has cash and short-term investments of ¥1.2B.
Key information
36.0%
Debt to equity ratio
JP¥2.92b
Debt
| Interest coverage ratio | 34.3x |
| Cash | JP¥1.24b |
| Equity | JP¥8.11b |
| Total liabilities | JP¥7.35b |
| Total assets | JP¥15.46b |
Recent financial health updates
No updates
Recent updates
The Strong Earnings Posted By Global Kids (TSE:6189) Are A Good Indication Of The Strength Of The Business
Nov 27
Global Kids (TSE:6189) Has Announced That It Will Be Increasing Its Dividend To ¥35.00
Sep 21Global Kids' (TSE:6189) Upcoming Dividend Will Be Larger Than Last Year's
Aug 30Global Kids' (TSE:6189) Dividend Will Be Increased To ¥35.00
Aug 16Financial Position Analysis
Short Term Liabilities: 6189's short term assets (¥4.6B) exceed its short term liabilities (¥3.4B).
Long Term Liabilities: 6189's short term assets (¥4.6B) exceed its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 6189's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: 6189's debt to equity ratio has reduced from 77.4% to 36% over the past 5 years.
Debt Coverage: 6189's debt is well covered by operating cash flow (51%).
Interest Coverage: 6189's interest payments on its debt are well covered by EBIT (34.3x coverage).