Path Balance Sheet Health
Financial Health criteria checks 3/6
Path has a total shareholder equity of ¥1.4B and total debt of ¥330.0M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are ¥2.1B and ¥695.0M respectively.
Key information
24.2%
Debt to equity ratio
JP¥330.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥189.00m |
| Equity | JP¥1.36b |
| Total liabilities | JP¥695.00m |
| Total assets | JP¥2.06b |
Recent financial health updates
Path (TSE:3840) Is In A Good Position To Deliver On Growth Plans
Nov 01
We're Hopeful That Path (TSE:3840) Will Use Its Cash Wisely
Mar 21Recent updates
Path (TSE:3840) Is In A Good Position To Deliver On Growth Plans
Nov 01More Unpleasant Surprises Could Be In Store For Path Corporation's (TSE:3840) Shares After Tumbling 28%
Aug 11Path Corporation's (TSE:3840) Share Price Not Quite Adding Up
Jun 26We're Hopeful That Path (TSE:3840) Will Use Its Cash Wisely
Mar 21Financial Position Analysis
Short Term Liabilities: 3840's short term assets (¥1.3B) exceed its short term liabilities (¥672.0M).
Long Term Liabilities: 3840's short term assets (¥1.3B) exceed its long term liabilities (¥23.0M).
Debt to Equity History and Analysis
Debt Level: 3840's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: 3840's debt to equity ratio has increased from 0.3% to 24.2% 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: 3840 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 3840 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.4% each year