Dear LifeLtd Balance Sheet Health
Financial Health criteria checks 5/6
Dear LifeLtd has a total shareholder equity of ¥22.5B and total debt of ¥17.1B, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are ¥41.1B and ¥18.6B respectively. Dear LifeLtd's EBIT is ¥6.1B making its interest coverage ratio 39.6. It has cash and short-term investments of ¥15.6B.
Key information
76.1%
Debt to equity ratio
JP¥17.09b
Debt
Interest coverage ratio | 39.6x |
Cash | JP¥15.61b |
Equity | JP¥22.46b |
Total liabilities | JP¥18.65b |
Total assets | JP¥41.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3245's short term assets (¥38.8B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: 3245's short term assets (¥38.8B) exceed its long term liabilities (¥15.4B).
Debt to Equity History and Analysis
Debt Level: 3245's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: 3245's debt to equity ratio has reduced from 95.1% to 76.1% over the past 5 years.
Debt Coverage: 3245's debt is not well covered by operating cash flow (8%).
Interest Coverage: 3245's interest payments on its debt are well covered by EBIT (39.6x coverage).