Leopalace21 Balance Sheet Health
Financial Health criteria checks 5/6
Leopalace21 has a total shareholder equity of ¥45.9B and total debt of ¥30.0B, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are ¥170.7B and ¥124.9B respectively. Leopalace21's EBIT is ¥19.1B making its interest coverage ratio 4.6. It has cash and short-term investments of ¥60.4B.
Key information
65.4%
Debt to equity ratio
JP¥30.00b
Debt
Interest coverage ratio | 4.6x |
Cash | JP¥60.36b |
Equity | JP¥45.87b |
Total liabilities | JP¥124.87b |
Total assets | JP¥170.74b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8848's short term assets (¥71.9B) exceed its short term liabilities (¥58.5B).
Long Term Liabilities: 8848's short term assets (¥71.9B) exceed its long term liabilities (¥66.3B).
Debt to Equity History and Analysis
Debt Level: 8848 has more cash than its total debt.
Reducing Debt: 8848's debt to equity ratio has increased from 33.7% to 65.4% over the past 5 years.
Debt Coverage: 8848's debt is well covered by operating cash flow (61%).
Interest Coverage: 8848's interest payments on its debt are well covered by EBIT (4.6x coverage).