Petgo Balance Sheet Health
Financial Health criteria checks 4/6
Petgo has a total shareholder equity of ¥1.2B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 100.4%. Its total assets and total liabilities are ¥3.5B and ¥2.4B respectively. Petgo's EBIT is ¥180.0M making its interest coverage ratio 22.5. It has cash and short-term investments of ¥728.0M.
Key information
100.4%
Debt to equity ratio
JP¥1.16b
Debt
| Interest coverage ratio | 22.5x |
| Cash | JP¥728.00m |
| Equity | JP¥1.16b |
| Total liabilities | JP¥2.37b |
| Total assets | JP¥3.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7140's short term assets (¥3.5B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 7140's short term assets (¥3.5B) exceed its long term liabilities (¥29.0M).
Debt to Equity History and Analysis
Debt Level: 7140's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7140's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7140's debt is not well covered by operating cash flow (14%).
Interest Coverage: 7140's interest payments on its debt are well covered by EBIT (22.5x coverage).