Healthcare & Medical Investment Balance Sheet Health
Financial Health criteria checks 2/6
Healthcare & Medical Investment has a total shareholder equity of ¥38.5B and total debt of ¥39.2B, which brings its debt-to-equity ratio to 101.6%. Its total assets and total liabilities are ¥80.7B and ¥42.2B respectively. Healthcare & Medical Investment's EBIT is ¥2.5B making its interest coverage ratio 9.1. It has cash and short-term investments of ¥1.9B.
Key information
101.6%
Debt to equity ratio
JP¥39.15b
Debt
Interest coverage ratio | 9.1x |
Cash | JP¥1.87b |
Equity | JP¥38.54b |
Total liabilities | JP¥42.18b |
Total assets | JP¥80.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3455's short term assets (¥2.3B) do not cover its short term liabilities (¥8.4B).
Long Term Liabilities: 3455's short term assets (¥2.3B) do not cover its long term liabilities (¥33.8B).
Debt to Equity History and Analysis
Debt Level: 3455's net debt to equity ratio (96.8%) is considered high.
Reducing Debt: 3455's debt to equity ratio has reduced from 110.5% to 101.6% over the past 5 years.
Debt Coverage: 3455's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 3455's interest payments on its debt are well covered by EBIT (9.1x coverage).