cottaLTD Balance Sheet Health
Financial Health criteria checks 6/6
cottaLTD has a total shareholder equity of ¥4.0B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are ¥6.6B and ¥2.5B respectively. cottaLTD's EBIT is ¥777.0M making its interest coverage ratio 129.5. It has cash and short-term investments of ¥1.9B.
Key information
31.7%
Debt to equity ratio
JP¥1.27b
Debt
Interest coverage ratio | 129.5x |
Cash | JP¥1.94b |
Equity | JP¥4.02b |
Total liabilities | JP¥2.55b |
Total assets | JP¥6.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3359's short term assets (¥4.8B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 3359's short term assets (¥4.8B) exceed its long term liabilities (¥323.0M).
Debt to Equity History and Analysis
Debt Level: 3359 has more cash than its total debt.
Reducing Debt: 3359's debt to equity ratio has reduced from 36.7% to 31.7% over the past 5 years.
Debt Coverage: 3359's debt is well covered by operating cash flow (35%).
Interest Coverage: 3359's interest payments on its debt are well covered by EBIT (129.5x coverage).