Japan Living Service Balance Sheet Health
Financial Health criteria checks 4/6
Japan Living Service has a total shareholder equity of ¥4.5B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are ¥9.7B and ¥5.2B respectively. Japan Living Service's EBIT is ¥153.0M making its interest coverage ratio 8.1. It has cash and short-term investments of ¥1.3B.
Key information
79.5%
Debt to equity ratio
JP¥3.58b
Debt
Interest coverage ratio | 8.1x |
Cash | JP¥1.31b |
Equity | JP¥4.50b |
Total liabilities | JP¥5.17b |
Total assets | JP¥9.66b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8854's short term assets (¥5.0B) exceed its short term liabilities (¥2.4B).
Long Term Liabilities: 8854's short term assets (¥5.0B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 8854's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: 8854's debt to equity ratio has reduced from 85.1% to 79.5% over the past 5 years.
Debt Coverage: 8854's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8854's interest payments on its debt are well covered by EBIT (8.1x coverage).