BalleggsLtd Balance Sheet Health
Financial Health criteria checks 4/6
BalleggsLtd has a total shareholder equity of ¥752.0M and total debt of ¥1.5B, which brings its debt-to-equity ratio to 202.9%. Its total assets and total liabilities are ¥2.8B and ¥2.1B respectively. BalleggsLtd's EBIT is ¥65.0M making its interest coverage ratio 7.2. It has cash and short-term investments of ¥1.7B.
Key information
202.9%
Debt to equity ratio
JP¥1.53b
Debt
| Interest coverage ratio | 7.2x |
| Cash | JP¥1.75b |
| Equity | JP¥752.00m |
| Total liabilities | JP¥2.05b |
| Total assets | JP¥2.80b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 239A's short term assets (¥2.6B) exceed its short term liabilities (¥1.0B).
Long Term Liabilities: 239A's short term assets (¥2.6B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 239A has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 239A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 239A's debt is well covered by operating cash flow.
Interest Coverage: 239A's interest payments on its debt are well covered by EBIT (7.2x coverage).