Ligua Balance Sheet Health
Financial Health criteria checks 3/6
Ligua has a total shareholder equity of ¥604.0M and total debt of ¥2.4B, which brings its debt-to-equity ratio to 395.9%. Its total assets and total liabilities are ¥3.9B and ¥3.3B respectively. Ligua's EBIT is ¥118.0M making its interest coverage ratio 5.6. It has cash and short-term investments of ¥1.3B.
Key information
395.9%
Debt to equity ratio
JP¥2.39b
Debt
Interest coverage ratio | 5.6x |
Cash | JP¥1.33b |
Equity | JP¥604.00m |
Total liabilities | JP¥3.27b |
Total assets | JP¥3.87b |
Financial Position Analysis
Short Term Liabilities: 7090's short term assets (¥3.1B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 7090's short term assets (¥3.1B) exceed its long term liabilities (¥787.0M).
Debt to Equity History and Analysis
Debt Level: 7090's net debt to equity ratio (176.2%) is considered high.
Reducing Debt: 7090's debt to equity ratio has increased from 239.6% to 395.9% over the past 5 years.
Debt Coverage: 7090's debt is not well covered by operating cash flow (0.08%).
Interest Coverage: 7090's interest payments on its debt are well covered by EBIT (5.6x coverage).