PIETRO Balance Sheet Health
Financial Health criteria checks 6/6
PIETRO has a total shareholder equity of ¥6.3B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are ¥10.4B and ¥4.1B respectively. PIETRO's EBIT is ¥209.0M making its interest coverage ratio 29.9. It has cash and short-term investments of ¥1.3B.
Key information
23.3%
Debt to equity ratio
JP¥1.46b
Debt
| Interest coverage ratio | 29.9x |
| Cash | JP¥1.31b |
| Equity | JP¥6.28b |
| Total liabilities | JP¥4.10b |
| Total assets | JP¥10.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2818's short term assets (¥3.5B) exceed its short term liabilities (¥3.4B).
Long Term Liabilities: 2818's short term assets (¥3.5B) exceed its long term liabilities (¥690.0M).
Debt to Equity History and Analysis
Debt Level: 2818's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 2818's debt to equity ratio has reduced from 30.5% to 23.3% over the past 5 years.
Debt Coverage: 2818's debt is well covered by operating cash flow (49.8%).
Interest Coverage: 2818's interest payments on its debt are well covered by EBIT (29.9x coverage).