GOLDCRESTLtd Balance Sheet Health
Financial Health criteria checks 5/6
GOLDCRESTLtd has a total shareholder equity of ¥131.3B and total debt of ¥50.5B, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are ¥197.9B and ¥66.6B respectively. GOLDCRESTLtd's EBIT is ¥7.7B making its interest coverage ratio 25.8. It has cash and short-term investments of ¥73.0B.
Key information
38.5%
Debt to equity ratio
JP¥50.50b
Debt
| Interest coverage ratio | 25.8x |
| Cash | JP¥73.03b |
| Equity | JP¥131.32b |
| Total liabilities | JP¥66.56b |
| Total assets | JP¥197.88b |
Financial Position Analysis
Short Term Liabilities: 8871's short term assets (¥164.6B) exceed its short term liabilities (¥24.3B).
Long Term Liabilities: 8871's short term assets (¥164.6B) exceed its long term liabilities (¥42.2B).
Debt to Equity History and Analysis
Debt Level: 8871 has more cash than its total debt.
Reducing Debt: 8871's debt to equity ratio has reduced from 39.6% to 38.5% over the past 5 years.
Debt Coverage: 8871's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 8871's interest payments on its debt are well covered by EBIT (25.8x coverage).