Greenland Resort Balance Sheet Health
Financial Health criteria checks 2/6
Greenland Resort has a total shareholder equity of ¥10.1B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are ¥19.0B and ¥8.9B respectively. Greenland Resort's EBIT is ¥722.0M making its interest coverage ratio 28.9. It has cash and short-term investments of ¥394.0M.
Key information
56.3%
Debt to equity ratio
JP¥5.70b
Debt
| Interest coverage ratio | 28.9x |
| Cash | JP¥394.00m |
| Equity | JP¥10.12b |
| Total liabilities | JP¥8.91b |
| Total assets | JP¥19.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9656's short term assets (¥840.0M) do not cover its short term liabilities (¥4.5B).
Long Term Liabilities: 9656's short term assets (¥840.0M) do not cover its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 9656's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: 9656's debt to equity ratio has reduced from 57.2% to 56.3% over the past 5 years.
Debt Coverage: 9656's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 9656's interest payments on its debt are well covered by EBIT (28.9x coverage).