GakkyushaLtd Balance Sheet Health
Financial Health criteria checks 5/6
GakkyushaLtd has a total shareholder equity of ¥6.3B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are ¥11.0B and ¥4.7B respectively. GakkyushaLtd's EBIT is ¥2.6B making its interest coverage ratio 240.5. It has cash and short-term investments of ¥2.4B.
Key information
23.7%
Debt to equity ratio
JP¥1.50b
Debt
Interest coverage ratio | 240.5x |
Cash | JP¥2.37b |
Equity | JP¥6.31b |
Total liabilities | JP¥4.66b |
Total assets | JP¥10.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9769's short term assets (¥2.8B) do not cover its short term liabilities (¥3.0B).
Long Term Liabilities: 9769's short term assets (¥2.8B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 9769 has more cash than its total debt.
Reducing Debt: 9769's debt to equity ratio has reduced from 36% to 23.7% over the past 5 years.
Debt Coverage: 9769's debt is well covered by operating cash flow (158.9%).
Interest Coverage: 9769's interest payments on its debt are well covered by EBIT (240.5x coverage).