Lifedrink Company Balance Sheet Health
Financial Health criteria checks 4/6
Lifedrink Company has a total shareholder equity of ¥8.2B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 110.9%. Its total assets and total liabilities are ¥22.2B and ¥14.0B respectively. Lifedrink Company's EBIT is ¥3.1B making its interest coverage ratio 63.6. It has cash and short-term investments of ¥4.3B.
Key information
110.9%
Debt to equity ratio
JP¥9.04b
Debt
Interest coverage ratio | 63.6x |
Cash | JP¥4.33b |
Equity | JP¥8.16b |
Total liabilities | JP¥14.01b |
Total assets | JP¥22.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2585's short term assets (¥10.9B) exceed its short term liabilities (¥8.4B).
Long Term Liabilities: 2585's short term assets (¥10.9B) exceed its long term liabilities (¥5.6B).
Debt to Equity History and Analysis
Debt Level: 2585's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: Insufficient data to determine if 2585's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2585's debt is well covered by operating cash flow (41.7%).
Interest Coverage: 2585's interest payments on its debt are well covered by EBIT (63.6x coverage).