Generation PassLtd Balance Sheet Health
Financial Health criteria checks 5/6
Generation PassLtd has a total shareholder equity of ¥2.0B and total debt of ¥855.0M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are ¥4.6B and ¥2.6B respectively. Generation PassLtd's EBIT is ¥57.0M making its interest coverage ratio -4.4. It has cash and short-term investments of ¥1.2B.
Key information
43.1%
Debt to equity ratio
JP¥855.00m
Debt
| Interest coverage ratio | -4.4x |
| Cash | JP¥1.18b |
| Equity | JP¥1.99b |
| Total liabilities | JP¥2.59b |
| Total assets | JP¥4.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3195's short term assets (¥4.2B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 3195's short term assets (¥4.2B) exceed its long term liabilities (¥90.0M).
Debt to Equity History and Analysis
Debt Level: 3195 has more cash than its total debt.
Reducing Debt: 3195's debt to equity ratio has increased from 33.5% to 43.1% over the past 5 years.
Debt Coverage: 3195's debt is well covered by operating cash flow (24%).
Interest Coverage: 3195 earns more interest than it pays, so coverage of interest payments is not a concern.