Platz Balance Sheet Health
Financial Health criteria checks 5/6
Platz has a total shareholder equity of ¥3.2B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are ¥6.3B and ¥3.1B respectively. Platz's EBIT is ¥38.0M making its interest coverage ratio 6.3. It has cash and short-term investments of ¥2.1B.
Key information
62.8%
Debt to equity ratio
JP¥2.01b
Debt
| Interest coverage ratio | 6.3x |
| Cash | JP¥2.06b |
| Equity | JP¥3.19b |
| Total liabilities | JP¥3.08b |
| Total assets | JP¥6.27b |
Recent financial health updates
Recent updates
Platz Co., Ltd.'s (TSE:7813) Shares Lagging The Market But So Is The Business
Aug 08
Platz (TSE:7813) Has Affirmed Its Dividend Of ¥14.00
Jun 15Platz (TSE:7813) Has Affirmed Its Dividend Of ¥14.00
May 13Improved Revenues Required Before Platz Co., Ltd. (TSE:7813) Stock's 34% Jump Looks Justified
Apr 11We Think Platz (TSE:7813) Can Manage Its Debt With Ease
Apr 10Financial Position Analysis
Short Term Liabilities: 7813's short term assets (¥4.3B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 7813's short term assets (¥4.3B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 7813 has more cash than its total debt.
Reducing Debt: 7813's debt to equity ratio has reduced from 63.7% to 62.8% over the past 5 years.
Debt Coverage: 7813's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 7813's interest payments on its debt are well covered by EBIT (6.3x coverage).