LITALICO Balance Sheet Health
Financial Health criteria checks 4/6
LITALICO has a total shareholder equity of ¥9.4B and total debt of ¥7.6B, which brings its debt-to-equity ratio to 80.6%. Its total assets and total liabilities are ¥24.3B and ¥14.9B respectively. LITALICO's EBIT is ¥3.5B making its interest coverage ratio -3.5. It has cash and short-term investments of ¥3.8B.
Key information
80.6%
Debt to equity ratio
JP¥7.61b
Debt
Interest coverage ratio | -3.5x |
Cash | JP¥3.81b |
Equity | JP¥9.44b |
Total liabilities | JP¥14.85b |
Total assets | JP¥24.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7366's short term assets (¥9.5B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 7366's short term assets (¥9.5B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 7366's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: Insufficient data to determine if 7366's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7366's debt is well covered by operating cash flow (52.6%).
Interest Coverage: 7366 earns more interest than it pays, so coverage of interest payments is not a concern.