GOLDCRESTLtd Balance Sheet Health
Financial Health criteria checks 5/6
GOLDCRESTLtd has a total shareholder equity of ¥128.4B and total debt of ¥48.8B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are ¥186.9B and ¥58.5B respectively. GOLDCRESTLtd's EBIT is ¥1.7B making its interest coverage ratio 6.4. It has cash and short-term investments of ¥67.8B.
Key information
38.0%
Debt to equity ratio
JP¥48.81b
Debt
Interest coverage ratio | 6.4x |
Cash | JP¥67.80b |
Equity | JP¥128.45b |
Total liabilities | JP¥58.47b |
Total assets | JP¥186.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8871's short term assets (¥155.8B) exceed its short term liabilities (¥33.6B).
Long Term Liabilities: 8871's short term assets (¥155.8B) exceed its long term liabilities (¥24.8B).
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 42.2% to 38% over the past 5 years.
Debt Coverage: 8871's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8871's interest payments on its debt are well covered by EBIT (6.4x coverage).