Lancers Balance Sheet Health
Financial Health criteria checks 4/6
Lancers has a total shareholder equity of ¥1.2B and total debt of ¥626.0M, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are ¥3.2B and ¥2.0B respectively. Lancers's EBIT is ¥128.0M making its interest coverage ratio 32. It has cash and short-term investments of ¥1.7B.
Key information
50.9%
Debt to equity ratio
JP¥626.00m
Debt
| Interest coverage ratio | 32x |
| Cash | JP¥1.73b |
| Equity | JP¥1.23b |
| Total liabilities | JP¥1.96b |
| Total assets | JP¥3.19b |
Recent financial health updates
Recent updates
Why Lancers' (TSE:4484) Healthy Earnings Aren’t As Good As They Seem
Nov 26
Estimating The Fair Value Of Lancers, Inc. (TSE:4484)
Nov 05Benign Growth For Lancers, Inc. (TSE:4484) Underpins Stock's 34% Plummet
Aug 05These 4 Measures Indicate That Lancers (TSE:4484) Is Using Debt Safely
Jul 16Improved Revenues Required Before Lancers, Inc. (TSE:4484) Shares Find Their Feet
Mar 01Financial Position Analysis
Short Term Liabilities: 4484's short term assets (¥2.4B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 4484's short term assets (¥2.4B) exceed its long term liabilities (¥560.0M).
Debt to Equity History and Analysis
Debt Level: 4484 has more cash than its total debt.
Reducing Debt: 4484's debt to equity ratio has increased from 5.5% to 50.9% over the past 5 years.
Debt Coverage: 4484's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: 4484's interest payments on its debt are well covered by EBIT (32x coverage).