DIGITALIFT Balance Sheet Health
Financial Health criteria checks 5/6
DIGITALIFT has a total shareholder equity of ¥625.0M and total debt of ¥1.2B, which brings its debt-to-equity ratio to 195.8%. Its total assets and total liabilities are ¥2.3B and ¥1.7B respectively. DIGITALIFT's EBIT is ¥34.0M making its interest coverage ratio 3.8. It has cash and short-term investments of ¥1.6B.
Key information
195.8%
Debt to equity ratio
JP¥1.22b
Debt
| Interest coverage ratio | 3.8x |
| Cash | JP¥1.56b |
| Equity | JP¥625.00m |
| Total liabilities | JP¥1.66b |
| Total assets | JP¥2.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9244's short term assets (¥2.0B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 9244's short term assets (¥2.0B) exceed its long term liabilities (¥392.0M).
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.
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: 9244 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 9244 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 190.5% each year