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
LY (TSE:4689) Has Affirmed Its Dividend Of ¥5.56
Dec 16LY (TSE:4689) Will Pay A Dividend Of ¥5.56
Dec 02Earnings 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 16:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
LY Corporation is covered by 33 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yoshitsugu Sasaki | Aizawa Securities Co. Ltd. |
| Keiichi Yoneshima | Barclays |
| Hiroshi Yamashina | BNP Paribas Securities (Asia) |