GLOE Balance Sheet Health
Financial Health criteria checks 4/6
GLOE has a total shareholder equity of ¥486.0M and total debt of ¥308.0M, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are ¥1.1B and ¥619.0M respectively. GLOE's EBIT is ¥15.0M making its interest coverage ratio 15. It has cash and short-term investments of ¥268.0M.
Key information
63.4%
Debt to equity ratio
JP¥308.00m
Debt
| Interest coverage ratio | 15x |
| Cash | JP¥268.00m |
| Equity | JP¥486.00m |
| Total liabilities | JP¥619.00m |
| Total assets | JP¥1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9565's short term assets (¥786.0M) exceed its short term liabilities (¥456.0M).
Long Term Liabilities: 9565's short term assets (¥786.0M) exceed its long term liabilities (¥163.0M).
Debt to Equity History and Analysis
Debt Level: 9565's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9565's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9565's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9565's interest payments on its debt are well covered by EBIT (15x coverage).