DIGITALIFT Balance Sheet Health
Financial Health criteria checks 4/6
DIGITALIFT has a total shareholder equity of ¥698.0M and total debt of ¥1.2B, which brings its debt-to-equity ratio to 167.9%. Its total assets and total liabilities are ¥2.3B and ¥1.6B respectively. DIGITALIFT's EBIT is ¥20.0M making its interest coverage ratio 3.3. It has cash and short-term investments of ¥1.5B.
Key information
167.9%
Debt to equity ratio
JP¥1.17b
Debt
Interest coverage ratio | 3.3x |
Cash | JP¥1.47b |
Equity | JP¥698.00m |
Total liabilities | JP¥1.64b |
Total assets | JP¥2.33b |
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 (¥359.0M).
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 (5.5%).
Interest Coverage: 9244's interest payments on its debt are well covered by EBIT (3.3x coverage).