GMO Financial Gate Balance Sheet Health
Financial Health criteria checks 5/6
GMO Financial Gate has a total shareholder equity of ¥5.3B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are ¥11.0B and ¥5.7B respectively. GMO Financial Gate's EBIT is ¥1.4B making its interest coverage ratio 128.1. It has cash and short-term investments of ¥4.2B.
Key information
37.5%
Debt to equity ratio
JP¥2.00b
Debt
| Interest coverage ratio | 128.1x |
| Cash | JP¥4.22b |
| Equity | JP¥5.33b |
| Total liabilities | JP¥5.68b |
| Total assets | JP¥11.01b |
Financial Position Analysis
Short Term Liabilities: 4051's short term assets (¥9.1B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 4051's short term assets (¥9.1B) 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 37.5% over the past 5 years.
Debt Coverage: 4051's debt is well covered by operating cash flow (127.3%).
Interest Coverage: 4051's interest payments on its debt are well covered by EBIT (128.1x coverage).