Good Life Company,Inc.

TSE:2970 Stock Report

Market Cap: JP¥8.7b

Good Life CompanyInc Balance Sheet Health

Financial Health criteria checks 3/6

Good Life CompanyInc has a total shareholder equity of ¥3.8B and total debt of ¥7.0B, which brings its debt-to-equity ratio to 182.5%. Its total assets and total liabilities are ¥12.9B and ¥9.1B respectively. Good Life CompanyInc's EBIT is ¥1.3B making its interest coverage ratio 38.4. It has cash and short-term investments of ¥3.5B.

Key information

182.5%

Debt to equity ratio

JP¥6.97b

Debt

Interest coverage ratio38.4x
CashJP¥3.47b
EquityJP¥3.82b
Total liabilitiesJP¥9.07b
Total assetsJP¥12.88b

Recent financial health updates

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

Recent updates

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 (¥11.8B) exceed its short term liabilities (¥7.5B).

Long Term Liabilities: 2970's short term assets (¥11.8B) exceed its long term liabilities (¥1.5B).

Debt to Equity History and Analysis

Debt Level: 2970's net debt to equity ratio (91.6%) is considered high.

Reducing Debt: 2970's debt to equity ratio has increased from 31.1% to 182.5% 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 (38.4x coverage).

Balance Sheet

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