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 ratio28.3x
CashJP¥3.67b
EquityJP¥4.09b
Total liabilitiesJP¥9.56b
Total assetsJP¥13.65b

Recent financial health updates

Recent updates

Good Life Company,Inc. (TSE:2970) Stock Rockets 30% But Many Are Still Ignoring The Company

Nov 11
Good Life Company,Inc. (TSE:2970) Stock Rockets 30% But Many Are Still Ignoring The Company

Should You Be Adding Good Life CompanyInc (TSE:2970) To Your Watchlist Today?

Oct 25
Should You Be Adding Good Life CompanyInc (TSE:2970) To Your Watchlist Today?

Not Many Are Piling Into Good Life Company,Inc. (TSE:2970) Stock Yet As It Plummets 37%

Aug 05
Not Many Are Piling Into Good Life Company,Inc. (TSE:2970) Stock Yet As It Plummets 37%

It's Down 26% But Good Life Company,Inc. (TSE:2970) Could Be Riskier Than It Looks

Jun 19
It's Down 26% But Good Life Company,Inc. (TSE:2970) Could Be Riskier Than It Looks

Good Life Company,Inc. (TSE:2970) Stocks Pounded By 26% But Not Lagging Market On Growth Or Pricing

Apr 27
Good Life Company,Inc. (TSE:2970) Stocks Pounded By 26% But Not Lagging Market On Growth Or Pricing

We Think Good Life CompanyInc (TSE:2970) Can Stay On Top Of Its Debt

Mar 21
We Think Good Life CompanyInc (TSE:2970) Can Stay On Top Of Its Debt

These 4 Measures Indicate That Good Life CompanyInc (TYO:2970) Is Using Debt Reasonably Well

Feb 14
These 4 Measures Indicate That Good Life CompanyInc (TYO:2970) Is Using Debt Reasonably Well

Good Life Company,Inc. (TYO:2970) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Dec 31
Good Life Company,Inc. (TYO:2970) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Financial 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

DataLast Updated (UTC time)
Company Analysis2024/12/27 18:54
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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.

AnalystInstitution
Michihiro AshiyaMizuho Securities Co., Ltd.