LY Balance Sheet Health
Financial Health criteria checks 6/6
LY has a total shareholder equity of ¥3,327.2B and total debt of ¥1,847.3B, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are ¥8,884.7B and ¥5,557.5B respectively. LY's EBIT is ¥240.9B making its interest coverage ratio 209.1. It has cash and short-term investments of ¥1,201.7B.
Key information
55.5%
Debt to equity ratio
JP¥1.85t
Debt
| Interest coverage ratio | 209.1x |
| Cash | JP¥1.20t |
| Equity | JP¥3.33t |
| Total liabilities | JP¥5.56t |
| Total assets | JP¥8.88t |
Recent financial health updates
We Think LY (TSE:4689) Can Stay On Top Of Its Debt
Oct 28
Here's Why LY (TSE:4689) Can Manage Its Debt Responsibly
Jul 27Is LY (TSE:4689) A Risky Investment?
Apr 23Recent updates
Earnings Beat: LY Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 08LY (TSE:4689) Has Announced A Dividend Of ¥5.56
Nov 07We Think LY (TSE:4689) Can Stay On Top Of Its Debt
Oct 28Shareholders Should Be Pleased With LY Corporation's (TSE:4689) Price
Sep 27Returns On Capital Signal Tricky Times Ahead For LY (TSE:4689)
Sep 08Is There An Opportunity With LY Corporation's (TSE:4689) 46% Undervaluation?
Aug 21Here's Why LY (TSE:4689) Can Manage Its Debt Responsibly
Jul 27LY Corporation's (TSE:4689) P/E Is On The Mark
Jun 15LY (TSE:4689) Could Be Struggling To Allocate Capital
May 28Earnings Miss: LY Corporation Missed EPS By 13% And Analysts Are Revising Their Forecasts
May 10Is LY (TSE:4689) A Risky Investment?
Apr 23Is There An Opportunity With LY Corporation's (TSE:4689) 21% Undervaluation?
Apr 08Financial Position Analysis
Short Term Liabilities: 4689's short term assets (¥4,737.8B) exceed its short term liabilities (¥3,277.7B).
Long Term Liabilities: 4689's short term assets (¥4,737.8B) exceed its long term liabilities (¥2,279.8B).
Debt to Equity History and Analysis
Debt Level: 4689's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 4689's debt to equity ratio has reduced from 72.6% to 55.5% over the past 5 years.
Debt Coverage: 4689's debt is well covered by operating cash flow (26%).
Interest Coverage: 4689's interest payments on its debt are well covered by EBIT (209.1x coverage).