Lifedrink Company Balance Sheet Health
Financial Health criteria checks 4/6
Lifedrink Company has a total shareholder equity of ¥11.3B and total debt of ¥13.3B, which brings its debt-to-equity ratio to 117%. Its total assets and total liabilities are ¥30.6B and ¥19.3B respectively. Lifedrink Company's EBIT is ¥4.7B making its interest coverage ratio 88.9. It has cash and short-term investments of ¥3.7B.
Key information
117.0%
Debt to equity ratio
JP¥13.27b
Debt
| Interest coverage ratio | 88.9x |
| Cash | JP¥3.74b |
| Equity | JP¥11.34b |
| Total liabilities | JP¥19.30b |
| Total assets | JP¥30.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2585's short term assets (¥11.8B) exceed its short term liabilities (¥7.6B).
Long Term Liabilities: 2585's short term assets (¥11.8B) exceed its long term liabilities (¥11.7B).
Debt to Equity History and Analysis
Debt Level: 2585's net debt to equity ratio (84.1%) 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 (34.7%).
Interest Coverage: 2585's interest payments on its debt are well covered by EBIT (88.9x coverage).