geechs Balance Sheet Health
Financial Health criteria checks 4/6
geechs has a total shareholder equity of ¥3.1B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are ¥7.2B and ¥4.1B respectively. geechs's EBIT is ¥91.0M making its interest coverage ratio 5.7. It has cash and short-term investments of ¥3.7B.
Key information
49.0%
Debt to equity ratio
JP¥1.50b
Debt
Interest coverage ratio | 5.7x |
Cash | JP¥3.75b |
Equity | JP¥3.07b |
Total liabilities | JP¥4.11b |
Total assets | JP¥7.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7060's short term assets (¥6.3B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 7060's short term assets (¥6.3B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 7060 has more cash than its total debt.
Reducing Debt: 7060's debt to equity ratio has increased from 8.2% to 49% over the past 5 years.
Debt Coverage: 7060's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7060's interest payments on its debt are well covered by EBIT (5.7x coverage).