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 ¥40.8B, which brings its debt-to-equity ratio to 283.4%. Its total assets and total liabilities are ¥58.2B and ¥43.8B respectively. LA Holdings's EBIT is ¥6.1B making its interest coverage ratio 10.5. It has cash and short-term investments of ¥10.3B.
Key information
283.4%
Debt to equity ratio
JP¥40.80b
Debt
Interest coverage ratio | 10.5x |
Cash | JP¥10.34b |
Equity | JP¥14.40b |
Total liabilities | JP¥43.79b |
Total assets | JP¥58.18b |
Recent financial health updates
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
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 18Is 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 (¥50.6B) exceed its short term liabilities (¥17.3B).
Long Term Liabilities: 2986's short term assets (¥50.6B) exceed its long term liabilities (¥26.5B).
Debt to Equity History and Analysis
Debt Level: 2986's net debt to equity ratio (211.6%) is considered high.
Reducing Debt: 2986's debt to equity ratio has reduced from 346.1% to 283.4% 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 (10.5x coverage).