VALUE GOLF Balance Sheet Health
Financial Health criteria checks 4/6
VALUE GOLF has a total shareholder equity of ¥1.2B and total debt of ¥988.0M, which brings its debt-to-equity ratio to 85%. Its total assets and total liabilities are ¥2.6B and ¥1.5B respectively. VALUE GOLF's EBIT is ¥62.0M making its interest coverage ratio 8.9. It has cash and short-term investments of ¥1.3B.
Key information
85.0%
Debt to equity ratio
JP¥988.00m
Debt
Interest coverage ratio | 8.9x |
Cash | JP¥1.26b |
Equity | JP¥1.16b |
Total liabilities | JP¥1.47b |
Total assets | JP¥2.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3931's short term assets (¥2.4B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 3931's short term assets (¥2.4B) exceed its long term liabilities (¥157.0M).
Debt to Equity History and Analysis
Debt Level: 3931 has more cash than its total debt.
Reducing Debt: 3931's debt to equity ratio has increased from 83.6% to 85% over the past 5 years.
Debt Coverage: 3931's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 3931's interest payments on its debt are well covered by EBIT (8.9x coverage).