LITALICO Balance Sheet Health
Financial Health criteria checks 6/6
LITALICO has a total shareholder equity of ¥10.4B and total debt of ¥6.9B, which brings its debt-to-equity ratio to 66.3%. Its total assets and total liabilities are ¥25.3B and ¥14.9B respectively. LITALICO's EBIT is ¥3.7B making its interest coverage ratio 55.9. It has cash and short-term investments of ¥4.5B.
Key information
66.3%
Debt to equity ratio
JP¥6.91b
Debt
Interest coverage ratio | 55.9x |
Cash | JP¥4.51b |
Equity | JP¥10.43b |
Total liabilities | JP¥14.88b |
Total assets | JP¥25.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7366's short term assets (¥10.3B) exceed its short term liabilities (¥7.8B).
Long Term Liabilities: 7366's short term assets (¥10.3B) exceed its long term liabilities (¥7.1B).
Debt to Equity History and Analysis
Debt Level: 7366's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 7366's debt to equity ratio has reduced from 80.2% to 66.3% over the past 5 years.
Debt Coverage: 7366's debt is well covered by operating cash flow (78%).
Interest Coverage: 7366's interest payments on its debt are well covered by EBIT (55.9x coverage).