PIETRO Balance Sheet Health
Financial Health criteria checks 6/6
PIETRO has a total shareholder equity of ¥6.4B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are ¥10.6B and ¥4.2B respectively. PIETRO's EBIT is ¥219.0M making its interest coverage ratio 31.3. It has cash and short-term investments of ¥2.6B.
Key information
23.2%
Debt to equity ratio
JP¥1.49b
Debt
Interest coverage ratio | 31.3x |
Cash | JP¥2.57b |
Equity | JP¥6.43b |
Total liabilities | JP¥4.15b |
Total assets | JP¥10.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2818's short term assets (¥4.7B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 2818's short term assets (¥4.7B) exceed its long term liabilities (¥701.0M).
Debt to Equity History and Analysis
Debt Level: 2818 has more cash than its total debt.
Reducing Debt: 2818's debt to equity ratio has reduced from 30.8% to 23.2% over the past 5 years.
Debt Coverage: 2818's debt is well covered by operating cash flow (48.9%).
Interest Coverage: 2818's interest payments on its debt are well covered by EBIT (31.3x coverage).