CURVES HOLDINGS Balance Sheet Health
Financial Health criteria checks 6/6
CURVES HOLDINGS has a total shareholder equity of ¥16.0B and total debt of ¥10.3B, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are ¥38.0B and ¥22.0B respectively. CURVES HOLDINGS's EBIT is ¥4.6B making its interest coverage ratio 107.6. It has cash and short-term investments of ¥6.6B.
Key information
64.3%
Debt to equity ratio
JP¥10.31b
Debt
Interest coverage ratio | 107.6x |
Cash | JP¥6.59b |
Equity | JP¥16.04b |
Total liabilities | JP¥22.00b |
Total assets | JP¥38.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7085's short term assets (¥14.2B) exceed its short term liabilities (¥10.5B).
Long Term Liabilities: 7085's short term assets (¥14.2B) exceed its long term liabilities (¥11.5B).
Debt to Equity History and Analysis
Debt Level: 7085's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: 7085's debt to equity ratio has reduced from 211.4% to 64.3% over the past 5 years.
Debt Coverage: 7085's debt is well covered by operating cash flow (41.9%).
Interest Coverage: 7085's interest payments on its debt are well covered by EBIT (107.6x coverage).