GREE Balance Sheet Health
Financial Health criteria checks 5/6
GREE has a total shareholder equity of ¥94.1B and total debt of ¥16.7B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ¥127.1B and ¥33.0B respectively. GREE's EBIT is ¥9.5B making its interest coverage ratio 731.9. It has cash and short-term investments of ¥48.9B.
Key information
17.7%
Debt to equity ratio
JP¥16.70b
Debt
Interest coverage ratio | 731.9x |
Cash | JP¥48.85b |
Equity | JP¥94.09b |
Total liabilities | JP¥33.02b |
Total assets | JP¥127.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3632's short term assets (¥110.6B) exceed its short term liabilities (¥14.8B).
Long Term Liabilities: 3632's short term assets (¥110.6B) exceed its long term liabilities (¥18.2B).
Debt to Equity History and Analysis
Debt Level: 3632 has more cash than its total debt.
Reducing Debt: 3632's debt to equity ratio has increased from 0% to 17.7% over the past 5 years.
Debt Coverage: 3632's debt is well covered by operating cash flow (46.1%).
Interest Coverage: 3632's interest payments on its debt are well covered by EBIT (731.9x coverage).