Platz Balance Sheet Health
Financial Health criteria checks 5/6
Platz has a total shareholder equity of ¥3.1B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are ¥6.1B and ¥3.0B respectively. Platz's EBIT is ¥78.0M making its interest coverage ratio 9.8. It has cash and short-term investments of ¥1.6B.
Key information
61.0%
Debt to equity ratio
JP¥1.86b
Debt
| Interest coverage ratio | 9.8x |
| Cash | JP¥1.60b |
| Equity | JP¥3.05b |
| Total liabilities | JP¥3.03b |
| Total assets | JP¥6.08b |
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 (¥4.1B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 7813's short term assets (¥4.1B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 7813's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 7813's debt to equity ratio has increased from 60% to 61% over the past 5 years.
Debt Coverage: 7813's debt is well covered by operating cash flow (21%).
Interest Coverage: 7813's interest payments on its debt are well covered by EBIT (9.8x coverage).