Global Food Creators Balance Sheet Health
Financial Health criteria checks 4/6
Global Food Creators has a total shareholder equity of ¥16.7B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are ¥20.7B and ¥4.0B respectively. Global Food Creators's EBIT is ¥791.0M making its interest coverage ratio -27.3. It has cash and short-term investments of ¥9.2B.
Key information
7.8%
Debt to equity ratio
JP¥1.31b
Debt
| Interest coverage ratio | -27.3x |
| Cash | JP¥9.15b |
| Equity | JP¥16.75b |
| Total liabilities | JP¥3.96b |
| Total assets | JP¥20.71b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7559's short term assets (¥14.5B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 7559's short term assets (¥14.5B) exceed its long term liabilities (¥509.0M).
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 3.1% to 7.8% over the past 5 years.
Debt Coverage: 7559's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7559 earns more interest than it pays, so coverage of interest payments is not a concern.