LA Holdings Balance Sheet Health
Financial Health criteria checks 4/6
LA Holdings has a total shareholder equity of ¥14.4B and total debt of ¥43.4B, which brings its debt-to-equity ratio to 300.8%. Its total assets and total liabilities are ¥61.3B and ¥46.9B respectively. LA Holdings's EBIT is ¥4.2B making its interest coverage ratio 7.2. It has cash and short-term investments of ¥6.9B.
Key information
300.8%
Debt to equity ratio
JP¥43.43b
Debt
| Interest coverage ratio | 7.2x |
| Cash | JP¥6.86b |
| Equity | JP¥14.44b |
| Total liabilities | JP¥46.90b |
| Total assets | JP¥61.34b |
Recent financial health updates
These 4 Measures Indicate That LA Holdings (TSE:2986) Is Using Debt In A Risky Way
Nov 14
La Holdings (TYO:2986) Use Of Debt Could Be Considered Risky
Feb 19La Holdings (TYO:2986) Use Of Debt Could Be Considered Risky
Nov 21Recent updates
These 4 Measures Indicate That LA Holdings (TSE:2986) Is Using Debt In A Risky Way
Nov 14LA Holdings (TSE:2986) Is Paying Out A Larger Dividend Than Last Year
Sep 16LA Holdings (TSE:2986) Has Announced That It Will Be Increasing Its Dividend To ¥220.00
Sep 02LA Holdings (TSE:2986) Will Pay A Larger Dividend Than Last Year At ¥220.00
Aug 12LA Holdings Co., Ltd. (TSE:2986) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 05Estimating The Intrinsic Value Of LA Holdings Co., Ltd. (TSE:2986)
Aug 03If 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 (¥53.7B) exceed its short term liabilities (¥22.1B).
Long Term Liabilities: 2986's short term assets (¥53.7B) exceed its long term liabilities (¥24.8B).
Debt to Equity History and Analysis
Debt Level: 2986's net debt to equity ratio (253.2%) is considered high.
Reducing Debt: 2986's debt to equity ratio has reduced from 442.8% to 300.8% 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 (7.2x coverage).