Leopalace21 Balance Sheet Health
Financial Health criteria checks 6/6
Leopalace21 has a total shareholder equity of ¥83.9B and total debt of ¥29.5B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are ¥208.1B and ¥124.2B respectively. Leopalace21's EBIT is ¥25.9B making its interest coverage ratio 12.9. It has cash and short-term investments of ¥76.6B.
Key information
35.2%
Debt to equity ratio
JP¥29.54b
Debt
| Interest coverage ratio | 12.9x |
| Cash | JP¥76.58b |
| Equity | JP¥83.94b |
| Total liabilities | JP¥124.20b |
| Total assets | JP¥208.14b |
Recent financial health updates
Recent updates
Why Leopalace21's (TSE:8848) Earnings Are Weaker Than They Seem
Nov 20
Leopalace21 Corporation's (TSE:8848) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Sep 03Leopalace21's (TSE:8848) Performance Raises Some Questions
May 21Here's Why Leopalace21 (TSE:8848) Can Manage Its Debt Responsibly
Apr 27Financial Position Analysis
Short Term Liabilities: 8848's short term assets (¥91.2B) exceed its short term liabilities (¥56.4B).
Long Term Liabilities: 8848's short term assets (¥91.2B) exceed its long term liabilities (¥67.8B).
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 reduced from 54.6% to 35.2% over the past 5 years.
Debt Coverage: 8848's debt is well covered by operating cash flow (71.7%).
Interest Coverage: 8848's interest payments on its debt are well covered by EBIT (12.9x coverage).