Ligua Balance Sheet Health
Financial Health criteria checks 4/6
Ligua has a total shareholder equity of ¥538.0M and total debt of ¥2.4B, which brings its debt-to-equity ratio to 450.9%. Its total assets and total liabilities are ¥3.8B and ¥3.3B respectively. Ligua's EBIT is ¥107.0M making its interest coverage ratio 4.5. It has cash and short-term investments of ¥1.7B.
Key information
450.9%
Debt to equity ratio
JP¥2.43b
Debt
| Interest coverage ratio | 4.5x |
| Cash | JP¥1.66b |
| Equity | JP¥538.00m |
| Total liabilities | JP¥3.26b |
| Total assets | JP¥3.80b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7090's short term assets (¥3.3B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 7090's short term assets (¥3.3B) exceed its long term liabilities (¥941.0M).
Debt to Equity History and Analysis
Debt Level: 7090's net debt to equity ratio (142.9%) is considered high.
Reducing Debt: 7090's debt to equity ratio has increased from 78.1% to 450.9% over the past 5 years.
Debt Coverage: 7090's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 7090's interest payments on its debt are well covered by EBIT (4.5x coverage).