Lancers Balance Sheet Health
Financial Health criteria checks 4/6
Lancers has a total shareholder equity of ¥977.0M and total debt of ¥378.0M, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are ¥3.0B and ¥2.0B respectively. Lancers's EBIT is ¥98.0M making its interest coverage ratio 24.5. It has cash and short-term investments of ¥1.4B.
Key information
38.7%
Debt to equity ratio
JP¥378.00m
Debt
Interest coverage ratio | 24.5x |
Cash | JP¥1.42b |
Equity | JP¥977.00m |
Total liabilities | JP¥2.01b |
Total assets | JP¥2.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4484's short term assets (¥2.2B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 4484's short term assets (¥2.2B) exceed its long term liabilities (¥312.0M).
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 11.3% to 38.7% over the past 5 years.
Debt Coverage: 4484's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 4484's interest payments on its debt are well covered by EBIT (24.5x coverage).