DIGITALIFT Balance Sheet Health
Financial Health criteria checks 4/6
DIGITALIFT has a total shareholder equity of ¥691.0M and total debt of ¥713.0M, which brings its debt-to-equity ratio to 103.2%. Its total assets and total liabilities are ¥1.9B and ¥1.2B respectively. DIGITALIFT's EBIT is ¥100.0M making its interest coverage ratio 25. It has cash and short-term investments of ¥1.2B.
Key information
103.2%
Debt to equity ratio
JP¥713.00m
Debt
Interest coverage ratio | 25x |
Cash | JP¥1.24b |
Equity | JP¥691.00m |
Total liabilities | JP¥1.24b |
Total assets | JP¥1.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9244's short term assets (¥1.7B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 9244's short term assets (¥1.7B) exceed its long term liabilities (¥179.0M).
Debt to Equity History and Analysis
Debt Level: 9244 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9244's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9244's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: 9244's interest payments on its debt are well covered by EBIT (25x coverage).