Global Kids Balance Sheet Health
Financial Health criteria checks 5/6
Global Kids has a total shareholder equity of ¥8.0B and total debt of ¥7.4B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are ¥20.2B and ¥12.1B respectively. Global Kids's EBIT is ¥527.0M making its interest coverage ratio 29.3. It has cash and short-term investments of ¥5.0B.
Key information
92.0%
Debt to equity ratio
JP¥7.38b
Debt
Interest coverage ratio | 29.3x |
Cash | JP¥5.04b |
Equity | JP¥8.02b |
Total liabilities | JP¥12.13b |
Total assets | JP¥20.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6189's short term assets (¥8.5B) exceed its short term liabilities (¥7.7B).
Long Term Liabilities: 6189's short term assets (¥8.5B) exceed its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 6189's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: 6189's debt to equity ratio has reduced from 151% to 92% over the past 5 years.
Debt Coverage: 6189's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 6189's interest payments on its debt are well covered by EBIT (29.3x coverage).