No.1 Urban Development Balance Sheet Health
Financial Health criteria checks 2/6
No.1 Urban Development has a total shareholder equity of ¥858.0M and total debt of ¥2.2B, which brings its debt-to-equity ratio to 254%. Its total assets and total liabilities are ¥3.2B and ¥2.4B respectively. No.1 Urban Development's EBIT is ¥114.0M making its interest coverage ratio 6.3. It has cash and short-term investments of ¥825.0M.
Key information
254.0%
Debt to equity ratio
JP¥2.18b
Debt
| Interest coverage ratio | 6.3x |
| Cash | JP¥825.00m |
| Equity | JP¥858.00m |
| Total liabilities | JP¥2.38b |
| Total assets | JP¥3.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5529's short term assets (¥927.0M) exceed its short term liabilities (¥514.0M).
Long Term Liabilities: 5529's short term assets (¥927.0M) do not cover its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 5529's net debt to equity ratio (157.8%) is considered high.
Reducing Debt: Insufficient data to determine if 5529's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 5529's debt is well covered by operating cash flow.
Interest Coverage: 5529's interest payments on its debt are well covered by EBIT (6.3x coverage).