GMO Financial Gate Balance Sheet Health
Financial Health criteria checks 5/6
GMO Financial Gate has a total shareholder equity of ¥5.8B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are ¥14.0B and ¥8.2B respectively. GMO Financial Gate's EBIT is ¥1.5B making its interest coverage ratio 131.6. It has cash and short-term investments of ¥5.1B.
Key information
34.5%
Debt to equity ratio
JP¥2.00b
Debt
| Interest coverage ratio | 131.6x |
| Cash | JP¥5.07b |
| Equity | JP¥5.80b |
| Total liabilities | JP¥8.16b |
| Total assets | JP¥13.96b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4051's short term assets (¥11.6B) exceed its short term liabilities (¥6.1B).
Long Term Liabilities: 4051's short term assets (¥11.6B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 4051 has more cash than its total debt.
Reducing Debt: 4051's debt to equity ratio has increased from 0% to 34.5% over the past 5 years.
Debt Coverage: 4051's debt is well covered by operating cash flow (82.2%).
Interest Coverage: 4051's interest payments on its debt are well covered by EBIT (131.6x coverage).