Piala Balance Sheet Health
Financial Health criteria checks 3/6
Piala has a total shareholder equity of ¥395.0M and total debt of ¥1.6B, which brings its debt-to-equity ratio to 399.7%. Its total assets and total liabilities are ¥3.8B and ¥3.4B respectively.
Key information
399.7%
Debt to equity ratio
JP¥1.58b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥1.20b |
| Equity | JP¥395.00m |
| Total liabilities | JP¥3.38b |
| Total assets | JP¥3.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7044's short term assets (¥3.1B) do not cover its short term liabilities (¥3.2B).
Long Term Liabilities: 7044's short term assets (¥3.1B) exceed its long term liabilities (¥151.0M).
Debt to Equity History and Analysis
Debt Level: 7044's net debt to equity ratio (95.4%) is considered high.
Reducing Debt: 7044's debt to equity ratio has increased from 48.9% to 399.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 7044 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 7044 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 37.1% each year.