Starzen Balance Sheet Health
Financial Health criteria checks 6/6
Starzen has a total shareholder equity of ¥78.0B and total debt of ¥39.3B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are ¥161.2B and ¥83.2B respectively. Starzen's EBIT is ¥9.0B making its interest coverage ratio 25.5. It has cash and short-term investments of ¥17.0B.
Key information
50.4%
Debt to equity ratio
JP¥39.33b
Debt
Interest coverage ratio | 25.5x |
Cash | JP¥17.02b |
Equity | JP¥78.00b |
Total liabilities | JP¥83.18b |
Total assets | JP¥161.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8043's short term assets (¥105.2B) exceed its short term liabilities (¥54.4B).
Long Term Liabilities: 8043's short term assets (¥105.2B) exceed its long term liabilities (¥28.8B).
Debt to Equity History and Analysis
Debt Level: 8043's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: 8043's debt to equity ratio has reduced from 75.2% to 50.4% over the past 5 years.
Debt Coverage: 8043's debt is well covered by operating cash flow (32.5%).
Interest Coverage: 8043's interest payments on its debt are well covered by EBIT (25.5x coverage).