Gurunavi Balance Sheet Health
Financial Health criteria checks 4/6
Gurunavi has a total shareholder equity of ¥6.5B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are ¥11.2B and ¥4.7B respectively. Gurunavi's EBIT is ¥345.0M making its interest coverage ratio 17.3. It has cash and short-term investments of ¥5.4B.
Key information
33.9%
Debt to equity ratio
JP¥2.20b
Debt
Interest coverage ratio | 17.3x |
Cash | JP¥5.35b |
Equity | JP¥6.49b |
Total liabilities | JP¥4.67b |
Total assets | JP¥11.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2440's short term assets (¥9.6B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 2440's short term assets (¥9.6B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 2440 has more cash than its total debt.
Reducing Debt: 2440's debt to equity ratio has increased from 0% to 33.9% over the past 5 years.
Debt Coverage: 2440's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2440's interest payments on its debt are well covered by EBIT (17.3x coverage).