Linical Balance Sheet Health
Financial Health criteria checks 6/6
Linical has a total shareholder equity of ¥7.8B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are ¥17.7B and ¥9.9B respectively. Linical's EBIT is ¥1.2B making its interest coverage ratio -72.3. It has cash and short-term investments of ¥7.3B.
Key information
34.9%
Debt to equity ratio
JP¥2.73b
Debt
Interest coverage ratio | -72.3x |
Cash | JP¥7.34b |
Equity | JP¥7.82b |
Total liabilities | JP¥9.86b |
Total assets | JP¥17.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2183's short term assets (¥12.4B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 2183's short term assets (¥12.4B) exceed its long term liabilities (¥2.6B).
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 95.8% to 34.9% over the past 5 years.
Debt Coverage: 2183's debt is well covered by operating cash flow (66.4%).
Interest Coverage: 2183 earns more interest than it pays, so coverage of interest payments is not a concern.