Happiness and DLtd Balance Sheet Health
Financial Health criteria checks 4/6
Happiness and DLtd has a total shareholder equity of ¥1.0B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 390.9%. Its total assets and total liabilities are ¥7.1B and ¥6.0B respectively.
Key information
390.9%
Debt to equity ratio
JP¥3.96b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥981.00m |
| Equity | JP¥1.01b |
| Total liabilities | JP¥6.04b |
| Total assets | JP¥7.05b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3174's short term assets (¥5.7B) exceed its short term liabilities (¥3.3B).
Long Term Liabilities: 3174's short term assets (¥5.7B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 3174's net debt to equity ratio (294.2%) is considered high.
Reducing Debt: Insufficient data to determine if 3174's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3174 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3174 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 119.2% per year.