Global Food Creators Balance Sheet Health
Financial Health criteria checks 5/6
Global Food Creators has a total shareholder equity of ¥16.9B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are ¥24.1B and ¥7.3B respectively. Global Food Creators's EBIT is ¥828.0M making its interest coverage ratio -29.6. It has cash and short-term investments of ¥8.9B.
Key information
8.7%
Debt to equity ratio
JP¥1.46b
Debt
Interest coverage ratio | -29.6x |
Cash | JP¥8.88b |
Equity | JP¥16.88b |
Total liabilities | JP¥7.26b |
Total assets | JP¥24.14b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7559's short term assets (¥17.8B) exceed its short term liabilities (¥6.7B).
Long Term Liabilities: 7559's short term assets (¥17.8B) exceed its long term liabilities (¥549.0M).
Debt to Equity History and Analysis
Debt Level: 7559 has more cash than its total debt.
Reducing Debt: 7559's debt to equity ratio has increased from 3% to 8.7% over the past 5 years.
Debt Coverage: 7559's debt is well covered by operating cash flow (95%).
Interest Coverage: 7559 earns more interest than it pays, so coverage of interest payments is not a concern.