Land BusinessLtd Balance Sheet Health
Financial Health criteria checks 1/6
Land BusinessLtd has a total shareholder equity of ¥18.9B and total debt of ¥27.7B, which brings its debt-to-equity ratio to 146.6%. Its total assets and total liabilities are ¥53.1B and ¥34.2B respectively.
Key information
146.6%
Debt to equity ratio
JP¥27.67b
Debt
Interest coverage ratio | n/a |
Cash | JP¥9.09b |
Equity | JP¥18.87b |
Total liabilities | JP¥34.21b |
Total assets | JP¥53.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8944's short term assets (¥17.9B) exceed its short term liabilities (¥7.6B).
Long Term Liabilities: 8944's short term assets (¥17.9B) do not cover its long term liabilities (¥26.6B).
Debt to Equity History and Analysis
Debt Level: 8944's net debt to equity ratio (98.4%) 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.