Dear LifeLtd Balance Sheet Health
Financial Health criteria checks 3/6
Dear LifeLtd has a total shareholder equity of ¥23.0B and total debt of ¥26.4B, which brings its debt-to-equity ratio to 114.7%. Its total assets and total liabilities are ¥51.8B and ¥28.8B respectively. Dear LifeLtd's EBIT is ¥4.9B making its interest coverage ratio 28.6. It has cash and short-term investments of ¥15.5B.
Key information
114.7%
Debt to equity ratio
JP¥26.43b
Debt
| Interest coverage ratio | 28.6x |
| Cash | JP¥15.50b |
| Equity | JP¥23.03b |
| Total liabilities | JP¥28.76b |
| Total assets | JP¥51.79b |
Recent financial health updates
No updates
Recent updates
Dear LifeLtd's (TSE:3245) Upcoming Dividend Will Be Larger Than Last Year's
Aug 30
Dear LifeLtd (TSE:3245) Has Announced That It Will Be Increasing Its Dividend To ¥46.00
Aug 14Dear LifeLtd (TSE:3245) Is Paying Out A Larger Dividend Than Last Year
Jul 22Dear LifeLtd (TSE:3245) Has Announced That It Will Be Increasing Its Dividend To ¥46.00
May 12Financial Position Analysis
Short Term Liabilities: 3245's short term assets (¥49.6B) exceed its short term liabilities (¥6.3B).
Long Term Liabilities: 3245's short term assets (¥49.6B) exceed its long term liabilities (¥22.5B).
Debt to Equity History and Analysis
Debt Level: 3245's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: 3245's debt to equity ratio has increased from 101.1% to 114.7% over the past 5 years.
Debt Coverage: 3245's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3245's interest payments on its debt are well covered by EBIT (28.6x coverage).