GNI Group Balance Sheet Health
Financial Health criteria checks 6/6
GNI Group has a total shareholder equity of ¥36.1B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are ¥62.4B and ¥26.3B respectively. GNI Group's EBIT is ¥4.5B making its interest coverage ratio 4.9. It has cash and short-term investments of ¥23.2B.
Key information
9.2%
Debt to equity ratio
JP¥3.30b
Debt
Interest coverage ratio | 4.9x |
Cash | JP¥23.21b |
Equity | JP¥36.05b |
Total liabilities | JP¥26.34b |
Total assets | JP¥62.39b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2160's short term assets (¥30.9B) exceed its short term liabilities (¥8.2B).
Long Term Liabilities: 2160's short term assets (¥30.9B) exceed its long term liabilities (¥18.1B).
Debt to Equity History and Analysis
Debt Level: 2160 has more cash than its total debt.
Reducing Debt: 2160's debt to equity ratio has reduced from 23.2% to 9.2% over the past 5 years.
Debt Coverage: 2160's debt is well covered by operating cash flow (198.5%).
Interest Coverage: 2160's interest payments on its debt are well covered by EBIT (4.9x coverage).