DIGITAL PLUS Balance Sheet Health
Financial Health criteria checks 4/6
DIGITAL PLUS has a total shareholder equity of ¥816.0M and total debt of ¥745.0M, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are ¥2.3B and ¥1.5B respectively. DIGITAL PLUS's EBIT is ¥56.0M making its interest coverage ratio -2.1. It has cash and short-term investments of ¥801.0M.
Key information
91.3%
Debt to equity ratio
JP¥745.00m
Debt
| Interest coverage ratio | -2.1x |
| Cash | JP¥801.00m |
| Equity | JP¥816.00m |
| Total liabilities | JP¥1.52b |
| Total assets | JP¥2.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3691's short term assets (¥1.6B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 3691's short term assets (¥1.6B) exceed its long term liabilities (¥123.0M).
Debt to Equity History and Analysis
Debt Level: 3691 has more cash than its total debt.
Reducing Debt: 3691's debt to equity ratio has increased from 45.8% to 91.3% over the past 5 years.
Debt Coverage: 3691's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3691 earns more interest than it pays, so coverage of interest payments is not a concern.