Linical Balance Sheet Health
Financial Health criteria checks 6/6
Linical has a total shareholder equity of ¥8.2B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are ¥19.0B and ¥10.8B respectively. Linical's EBIT is ¥546.0M making its interest coverage ratio -11.9. It has cash and short-term investments of ¥7.4B.
Key information
30.0%
Debt to equity ratio
JP¥2.46b
Debt
| Interest coverage ratio | -11.9x |
| Cash | JP¥7.40b |
| Equity | JP¥8.18b |
| Total liabilities | JP¥10.80b |
| Total assets | JP¥18.98b |
Recent financial health updates
No updates
Recent updates
Linical's (TSE:2183) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 17
There May Be Some Bright Spots In Linical's (TSE:2183) Earnings
May 22Some Linical Co., Ltd. (TSE:2183) Shareholders Look For Exit As Shares Take 26% Pounding
Mar 08Linical (TSE:2183) Is Paying Out A Larger Dividend Than Last Year
Feb 26Financial Position Analysis
Short Term Liabilities: 2183's short term assets (¥13.0B) exceed its short term liabilities (¥8.3B).
Long Term Liabilities: 2183's short term assets (¥13.0B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 2183 has more cash than its total debt.
Reducing Debt: 2183's debt to equity ratio has reduced from 100% to 30% over the past 5 years.
Debt Coverage: 2183's debt is well covered by operating cash flow (43.3%).
Interest Coverage: 2183 earns more interest than it pays, so coverage of interest payments is not a concern.