Lifenet Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Lifenet Insurance has a total shareholder equity of ¥90.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥112.4B and ¥21.5B respectively. Lifenet Insurance's EBIT is ¥8.3B making its interest coverage ratio 2062.8. It has cash and short-term investments of ¥24.4B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 2062.8x |
Cash | JP¥24.42b |
Equity | JP¥90.88b |
Total liabilities | JP¥21.54b |
Total assets | JP¥112.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7157's short term assets (¥26.3B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 7157's short term assets (¥26.3B) exceed its long term liabilities (¥19.7B).
Debt to Equity History and Analysis
Debt Level: 7157 is debt free.
Reducing Debt: 7157 has not had any debt for past 5 years.
Debt Coverage: 7157 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7157 has no debt, therefore coverage of interest payments is not a concern.