LA Holdings Balance Sheet Health
Financial Health criteria checks 4/6
LA Holdings has a total shareholder equity of ¥15.2B and total debt of ¥42.8B, which brings its debt-to-equity ratio to 281.1%. Its total assets and total liabilities are ¥61.2B and ¥46.0B respectively. LA Holdings's EBIT is ¥5.6B making its interest coverage ratio 10. It has cash and short-term investments of ¥12.8B.
Key information
281.1%
Debt to equity ratio
JP¥42.76b
Debt
| Interest coverage ratio | 10x |
| Cash | JP¥12.78b |
| Equity | JP¥15.21b |
| Total liabilities | JP¥46.00b |
| Total assets | JP¥61.21b |
Recent financial health updates
La Holdings (TYO:2986) Use Of Debt Could Be Considered Risky
Feb 19
La Holdings (TYO:2986) Use Of Debt Could Be Considered Risky
Nov 21Recent updates
If You Had Bought La Holdings (TYO:2986) Stock A Year Ago, You Could Pocket A 154% Gain Today
Mar 12La Holdings (TYO:2986) Use Of Debt Could Be Considered Risky
Feb 19Should You Be Excited About La Holdings Co., Ltd.'s (TYO:2986) 19% Return On Equity?
Jan 18
Is La Holdings Co., Ltd. (TYO:2986) An Attractive Dividend Stock?
Dec 17La Holdings (TYO:2986) Use Of Debt Could Be Considered Risky
Nov 21Financial Position Analysis
Short Term Liabilities: 2986's short term assets (¥49.9B) exceed its short term liabilities (¥19.9B).
Long Term Liabilities: 2986's short term assets (¥49.9B) exceed its long term liabilities (¥26.1B).
Debt to Equity History and Analysis
Debt Level: 2986's net debt to equity ratio (197%) is considered high.
Reducing Debt: 2986's debt to equity ratio has reduced from 353.4% to 281.1% over the past 5 years.
Debt Coverage: 2986's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2986's interest payments on its debt are well covered by EBIT (10x coverage).