Starzen Balance Sheet Health
Financial Health criteria checks 6/6
Starzen has a total shareholder equity of ¥75.7B and total debt of ¥41.7B, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are ¥160.7B and ¥85.0B respectively. Starzen's EBIT is ¥8.6B making its interest coverage ratio 19.3. It has cash and short-term investments of ¥14.1B.
Key information
55.1%
Debt to equity ratio
JP¥41.69b
Debt
Interest coverage ratio | 19.3x |
Cash | JP¥14.07b |
Equity | JP¥75.69b |
Total liabilities | JP¥85.00b |
Total assets | JP¥160.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8043's short term assets (¥106.4B) exceed its short term liabilities (¥54.4B).
Long Term Liabilities: 8043's short term assets (¥106.4B) exceed its long term liabilities (¥30.6B).
Debt to Equity History and Analysis
Debt Level: 8043's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: 8043's debt to equity ratio has reduced from 108.3% to 55.1% over the past 5 years.
Debt Coverage: 8043's debt is well covered by operating cash flow (48.6%).
Interest Coverage: 8043's interest payments on its debt are well covered by EBIT (19.3x coverage).