Lifenet Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Lifenet Insurance has a total shareholder equity of ¥91.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥111.8B and ¥20.7B respectively. Lifenet Insurance's EBIT is ¥8.4B making its interest coverage ratio 2087.5. It has cash and short-term investments of ¥19.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | 2087.5x |
| Cash | JP¥19.17b |
| Equity | JP¥91.06b |
| Total liabilities | JP¥20.71b |
| Total assets | JP¥111.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7157's short term assets (¥19.8B) exceed its short term liabilities (¥16.0M).
Long Term Liabilities: 7157's short term assets (¥19.8B) do not cover its long term liabilities (¥20.7B).
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.