Good Com Asset Balance Sheet Health
Financial Health criteria checks 3/6
Good Com Asset has a total shareholder equity of ¥10.6B and total debt of ¥40.6B, which brings its debt-to-equity ratio to 383.7%. Its total assets and total liabilities are ¥52.7B and ¥42.1B respectively. Good Com Asset's EBIT is ¥2.2B making its interest coverage ratio 5.4. It has cash and short-term investments of ¥4.4B.
Key information
383.7%
Debt to equity ratio
JP¥40.65b
Debt
Interest coverage ratio | 5.4x |
Cash | JP¥4.36b |
Equity | JP¥10.59b |
Total liabilities | JP¥42.13b |
Total assets | JP¥52.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3475's short term assets (¥52.2B) exceed its short term liabilities (¥33.4B).
Long Term Liabilities: 3475's short term assets (¥52.2B) exceed its long term liabilities (¥8.8B).
Debt to Equity History and Analysis
Debt Level: 3475's net debt to equity ratio (342.6%) is considered high.
Reducing Debt: 3475's debt to equity ratio has increased from 78.1% to 383.7% over the past 5 years.
Debt Coverage: 3475's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3475's interest payments on its debt are well covered by EBIT (5.4x coverage).