Gendai Agency Balance Sheet Health
Financial Health criteria checks 6/6
Gendai Agency has a total shareholder equity of ¥4.1B and total debt of ¥562.0M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are ¥5.4B and ¥1.3B respectively. Gendai Agency's EBIT is ¥250.0M making its interest coverage ratio 250. It has cash and short-term investments of ¥3.4B.
Key information
13.8%
Debt to equity ratio
JP¥562.00m
Debt
| Interest coverage ratio | 250x |
| Cash | JP¥3.44b |
| Equity | JP¥4.09b |
| Total liabilities | JP¥1.34b |
| Total assets | JP¥5.43b |
Financial Position Analysis
Short Term Liabilities: 2411's short term assets (¥4.5B) exceed its short term liabilities (¥993.0M).
Long Term Liabilities: 2411's short term assets (¥4.5B) exceed its long term liabilities (¥350.0M).
Debt to Equity History and Analysis
Debt Level: 2411 has more cash than its total debt.
Reducing Debt: 2411's debt to equity ratio has reduced from 21.7% to 13.8% over the past 5 years.
Debt Coverage: 2411's debt is well covered by operating cash flow (46.3%).
Interest Coverage: 2411's interest payments on its debt are well covered by EBIT (250x coverage).