Pickles HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Pickles HoldingsLtd has a total shareholder equity of ¥18.3B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are ¥27.7B and ¥9.5B respectively. Pickles HoldingsLtd's EBIT is ¥1.7B making its interest coverage ratio -556.3. It has cash and short-term investments of ¥7.8B.
Key information
17.1%
Debt to equity ratio
JP¥3.13b
Debt
Interest coverage ratio | -556.3x |
Cash | JP¥7.75b |
Equity | JP¥18.25b |
Total liabilities | JP¥9.46b |
Total assets | JP¥27.71b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2935's short term assets (¥12.6B) exceed its short term liabilities (¥6.7B).
Long Term Liabilities: 2935's short term assets (¥12.6B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 2935 has more cash than its total debt.
Reducing Debt: 2935's debt to equity ratio has reduced from 33.4% to 17.1% over the past 5 years.
Debt Coverage: 2935's debt is well covered by operating cash flow (86.9%).
Interest Coverage: 2935 earns more interest than it pays, so coverage of interest payments is not a concern.