Planet Balance Sheet Health
Financial Health criteria checks 6/6
Planet has a total shareholder equity of ¥5.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥6.2B and ¥905.0M respectively. Planet's EBIT is ¥610.0M making its interest coverage ratio -24.4. It has cash and short-term investments of ¥2.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -24.4x |
Cash | JP¥2.74b |
Equity | JP¥5.34b |
Total liabilities | JP¥905.00m |
Total assets | JP¥6.25b |
Recent financial health updates
No updates
Recent updates
Has Planet (TYO:2391) Got What It Takes To Become A Multi-Bagger?
Feb 17Planet, Inc. (TYO:2391) On An Uptrend: Could Fundamentals Be Driving The Stock?
Jan 22What Type Of Returns Would Planet's(TYO:2391) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 26Estimating The Intrinsic Value Of Planet, Inc. (TYO:2391)
Nov 30Financial Position Analysis
Short Term Liabilities: 2391's short term assets (¥3.2B) exceed its short term liabilities (¥402.0M).
Long Term Liabilities: 2391's short term assets (¥3.2B) exceed its long term liabilities (¥503.0M).
Debt to Equity History and Analysis
Debt Level: 2391 is debt free.
Reducing Debt: 2391 has not had any debt for past 5 years.
Debt Coverage: 2391 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2391 has no debt, therefore coverage of interest payments is not a concern.