LY Balance Sheet Health
Financial Health criteria checks 4/6
LY has a total shareholder equity of ¥3,447.0B and total debt of ¥1,882.8B, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are ¥9,044.0B and ¥5,597.0B respectively. LY's EBIT is ¥212.9B making its interest coverage ratio 36.6. It has cash and short-term investments of ¥1,877.2B.
Key information
54.6%
Debt to equity ratio
JP¥1.88t
Debt
Interest coverage ratio | 36.6x |
Cash | JP¥1.88t |
Equity | JP¥3.45t |
Total liabilities | JP¥5.60t |
Total assets | JP¥9.04t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4689's short term assets (¥4,874.5B) exceed its short term liabilities (¥3,262.7B).
Long Term Liabilities: 4689's short term assets (¥4,874.5B) exceed its long term liabilities (¥2,334.3B).
Debt to Equity History and Analysis
Debt Level: 4689's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 4689's debt to equity ratio has increased from 23.6% to 54.6% over the past 5 years.
Debt Coverage: 4689's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 4689's interest payments on its debt are well covered by EBIT (36.6x coverage).