GA technologies Balance Sheet Health
Financial Health criteria checks 5/6
GA technologies has a total shareholder equity of ¥21.8B and total debt of ¥22.7B, which brings its debt-to-equity ratio to 104%. Its total assets and total liabilities are ¥75.6B and ¥53.7B respectively. GA technologies's EBIT is ¥3.4B making its interest coverage ratio 8.1. It has cash and short-term investments of ¥23.7B.
Key information
104.0%
Debt to equity ratio
JP¥22.71b
Debt
Interest coverage ratio | 8.1x |
Cash | JP¥23.66b |
Equity | JP¥21.84b |
Total liabilities | JP¥53.72b |
Total assets | JP¥75.56b |
Recent financial health updates
Recent updates
Why We're Not Concerned About GA technologies Co., Ltd.'s (TSE:3491) Share Price
Jul 25Is Now The Time To Look At Buying GA technologies Co., Ltd. (TSE:3491)?
Jul 02Is GA technologies (TSE:3491) Using Too Much Debt?
Apr 19GA technologies Co., Ltd. (TSE:3491) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Apr 03Shareholders Will Be Pleased With The Quality of GA technologies' (TSE:3491) Earnings
Mar 27Financial Position Analysis
Short Term Liabilities: 3491's short term assets (¥39.1B) exceed its short term liabilities (¥35.9B).
Long Term Liabilities: 3491's short term assets (¥39.1B) exceed its long term liabilities (¥17.8B).
Debt to Equity History and Analysis
Debt Level: 3491 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 3491's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3491's debt is well covered by operating cash flow (30.6%).
Interest Coverage: 3491's interest payments on its debt are well covered by EBIT (8.1x coverage).