Gift Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Gift Holdings has a total shareholder equity of ¥7.3B and total debt of ¥2.3B, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are ¥12.5B and ¥5.3B respectively. Gift Holdings's EBIT is ¥2.7B making its interest coverage ratio -64.9. It has cash and short-term investments of ¥1.9B.
Key information
32.4%
Debt to equity ratio
JP¥2.35b
Debt
Interest coverage ratio | -64.9x |
Cash | JP¥1.94b |
Equity | JP¥7.26b |
Total liabilities | JP¥5.29b |
Total assets | JP¥12.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9279's short term assets (¥3.3B) do not cover its short term liabilities (¥3.4B).
Long Term Liabilities: 9279's short term assets (¥3.3B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 9279's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 9279's debt to equity ratio has increased from 21.8% to 32.4% over the past 5 years.
Debt Coverage: 9279's debt is well covered by operating cash flow (107.9%).
Interest Coverage: 9279 earns more interest than it pays, so coverage of interest payments is not a concern.