LITALICO Balance Sheet Health
Financial Health criteria checks 3/6
LITALICO has a total shareholder equity of ¥10.5B and total debt of ¥12.3B, which brings its debt-to-equity ratio to 117.4%. Its total assets and total liabilities are ¥34.0B and ¥23.6B respectively. LITALICO's EBIT is ¥3.5B making its interest coverage ratio 3.1. It has cash and short-term investments of ¥4.5B.
Key information
117.4%
Debt to equity ratio
JP¥12.29b
Debt
| Interest coverage ratio | 3.1x |
| Cash | JP¥4.51b |
| Equity | JP¥10.47b |
| Total liabilities | JP¥23.57b |
| Total assets | JP¥34.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7366's short term assets (¥10.7B) do not cover its short term liabilities (¥13.5B).
Long Term Liabilities: 7366's short term assets (¥10.7B) exceed its long term liabilities (¥10.1B).
Debt to Equity History and Analysis
Debt Level: 7366's net debt to equity ratio (74.3%) is considered high.
Reducing Debt: 7366's debt to equity ratio has increased from 67.3% to 117.4% over the past 5 years.
Debt Coverage: 7366's debt is well covered by operating cash flow (43.9%).
Interest Coverage: 7366's interest payments on its debt are well covered by EBIT (3.1x coverage).