Land BusinessLtd Balance Sheet Health
Financial Health criteria checks 1/6
Land BusinessLtd has a total shareholder equity of ¥18.3B and total debt of ¥29.0B, which brings its debt-to-equity ratio to 158.7%. Its total assets and total liabilities are ¥53.3B and ¥35.0B respectively.
Key information
158.7%
Debt to equity ratio
JP¥28.99b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥7.13b |
| Equity | JP¥18.27b |
| Total liabilities | JP¥34.98b |
| Total assets | JP¥53.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8944's short term assets (¥16.7B) exceed its short term liabilities (¥7.7B).
Long Term Liabilities: 8944's short term assets (¥16.7B) do not cover its long term liabilities (¥27.3B).
Debt to Equity History and Analysis
Debt Level: 8944's net debt to equity ratio (119.6%) is considered high.
Reducing Debt: Insufficient data to determine if 8944's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 8944's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8944's interest payments on its debt are well covered by EBIT.