Generation PassLtd Balance Sheet Health
Financial Health criteria checks 4/6
Generation PassLtd has a total shareholder equity of ¥1.9B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are ¥4.7B and ¥2.8B respectively. Generation PassLtd's EBIT is ¥12.0M making its interest coverage ratio -0.9. It has cash and short-term investments of ¥1.1B.
Key information
57.8%
Debt to equity ratio
JP¥1.09b
Debt
Interest coverage ratio | -0.9x |
Cash | JP¥1.08b |
Equity | JP¥1.89b |
Total liabilities | JP¥2.78b |
Total assets | JP¥4.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3195's short term assets (¥4.3B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 3195's short term assets (¥4.3B) exceed its long term liabilities (¥103.0M).
Debt to Equity History and Analysis
Debt Level: 3195's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 3195's debt to equity ratio has increased from 28.9% to 57.8% over the past 5 years.
Debt Coverage: 3195's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 3195 earns more interest than it pays, so coverage of interest payments is not a concern.