Good Life CompanyInc Balance Sheet Health
Financial Health criteria checks 3/6
Good Life CompanyInc has a total shareholder equity of ¥4.1B and total debt of ¥6.6B, which brings its debt-to-equity ratio to 160.4%. Its total assets and total liabilities are ¥13.7B and ¥9.6B respectively. Good Life CompanyInc's EBIT is ¥1.3B making its interest coverage ratio 28.3. It has cash and short-term investments of ¥3.7B.
Key information
160.4%
Debt to equity ratio
JP¥6.57b
Debt
| Interest coverage ratio | 28.3x |
| Cash | JP¥3.67b |
| Equity | JP¥4.09b |
| Total liabilities | JP¥9.56b |
| Total assets | JP¥13.65b |
Recent financial health updates
We Think Good Life CompanyInc (TSE:2970) Can Stay On Top Of Its Debt
Mar 21
These 4 Measures Indicate That Good Life CompanyInc (TYO:2970) Is Using Debt Reasonably Well
Feb 14Recent updates
Good Life Company,Inc. (TSE:2970) Stock Rockets 30% But Many Are Still Ignoring The Company
Nov 11Should You Be Adding Good Life CompanyInc (TSE:2970) To Your Watchlist Today?
Oct 25Not Many Are Piling Into Good Life Company,Inc. (TSE:2970) Stock Yet As It Plummets 37%
Aug 05It's Down 26% But Good Life Company,Inc. (TSE:2970) Could Be Riskier Than It Looks
Jun 19Good Life Company,Inc. (TSE:2970) Stocks Pounded By 26% But Not Lagging Market On Growth Or Pricing
Apr 27We Think Good Life CompanyInc (TSE:2970) Can Stay On Top Of Its Debt
Mar 21These 4 Measures Indicate That Good Life CompanyInc (TYO:2970) Is Using Debt Reasonably Well
Feb 14Good Life Company,Inc. (TYO:2970) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Dec 31Financial Position Analysis
Short Term Liabilities: 2970's short term assets (¥12.5B) exceed its short term liabilities (¥8.0B).
Long Term Liabilities: 2970's short term assets (¥12.5B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 2970's net debt to equity ratio (70.7%) is considered high.
Reducing Debt: 2970's debt to equity ratio has increased from 45.6% to 160.4% over the past 5 years.
Debt Coverage: 2970's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2970's interest payments on its debt are well covered by EBIT (28.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 18:54 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Good Life Company,Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michihiro Ashiya | Mizuho Securities Co., Ltd. |