Platz Balance Sheet Health
Financial Health criteria checks 6/6
Platz has a total shareholder equity of ¥3.1B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are ¥5.8B and ¥2.7B respectively. Platz's EBIT is ¥75.0M making its interest coverage ratio 12.5. It has cash and short-term investments of ¥2.0B.
Key information
62.4%
Debt to equity ratio
JP¥1.95b
Debt
Interest coverage ratio | 12.5x |
Cash | JP¥1.95b |
Equity | JP¥3.12b |
Total liabilities | JP¥2.69b |
Total assets | JP¥5.82b |
Financial Position Analysis
Short Term Liabilities: 7813's short term assets (¥3.9B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 7813's short term assets (¥3.9B) exceed its long term liabilities (¥1.2B).
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 63.5% to 62.4% over the past 5 years.
Debt Coverage: 7813's debt is well covered by operating cash flow (45.1%).
Interest Coverage: 7813's interest payments on its debt are well covered by EBIT (12.5x coverage).