LINTEC Balance Sheet Health
Financial Health criteria checks 6/6
LINTEC has a total shareholder equity of ¥236.1B and total debt of ¥7.7B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥326.1B and ¥90.0B respectively. LINTEC's EBIT is ¥7.1B making its interest coverage ratio -25.6. It has cash and short-term investments of ¥45.8B.
Key information
3.3%
Debt to equity ratio
JP¥7.70b
Debt
Interest coverage ratio | -25.6x |
Cash | JP¥45.81b |
Equity | JP¥236.12b |
Total liabilities | JP¥90.03b |
Total assets | JP¥326.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7966's short term assets (¥181.4B) exceed its short term liabilities (¥66.1B).
Long Term Liabilities: 7966's short term assets (¥181.4B) exceed its long term liabilities (¥23.9B).
Debt to Equity History and Analysis
Debt Level: 7966 has more cash than its total debt.
Reducing Debt: 7966's debt to equity ratio has reduced from 9.3% to 3.3% over the past 5 years.
Debt Coverage: 7966's debt is well covered by operating cash flow (314.6%).
Interest Coverage: 7966 earns more interest than it pays, so coverage of interest payments is not a concern.