GMO Financial Gate Balance Sheet Health
Financial Health criteria checks 5/6
GMO Financial Gate has a total shareholder equity of ¥5.0B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are ¥10.4B and ¥5.3B respectively. GMO Financial Gate's EBIT is ¥1.3B making its interest coverage ratio 165.5. It has cash and short-term investments of ¥3.9B.
Key information
39.7%
Debt to equity ratio
JP¥2.00b
Debt
| Interest coverage ratio | 165.5x |
| Cash | JP¥3.90b |
| Equity | JP¥5.04b |
| Total liabilities | JP¥5.34b |
| Total assets | JP¥10.38b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4051's short term assets (¥8.5B) exceed its short term liabilities (¥3.3B).
Long Term Liabilities: 4051's short term assets (¥8.5B) exceed its long term liabilities (¥2.0B).
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 39.7% over the past 5 years.
Debt Coverage: 4051's debt is well covered by operating cash flow (43.3%).
Interest Coverage: 4051's interest payments on its debt are well covered by EBIT (165.5x coverage).