VALUE GOLF Balance Sheet Health
Financial Health criteria checks 5/6
VALUE GOLF has a total shareholder equity of ¥1.1B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 97.3%. Its total assets and total liabilities are ¥2.8B and ¥1.7B respectively. VALUE GOLF's EBIT is ¥88.0M making its interest coverage ratio 9.8. It has cash and short-term investments of ¥1.0B.
Key information
97.3%
Debt to equity ratio
JP¥1.11b
Debt
| Interest coverage ratio | 9.8x |
| Cash | JP¥1.05b |
| Equity | JP¥1.14b |
| Total liabilities | JP¥1.66b |
| Total assets | JP¥2.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3931's short term assets (¥2.3B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 3931's short term assets (¥2.3B) exceed its long term liabilities (¥252.0M).
Debt to Equity History and Analysis
Debt Level: 3931's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 3931's debt to equity ratio has reduced from 99.1% to 97.3% over the past 5 years.
Debt Coverage: 3931's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 3931's interest payments on its debt are well covered by EBIT (9.8x coverage).