LedaxLtd Balance Sheet Health
Financial Health criteria checks 4/6
LedaxLtd has a total shareholder equity of ¥5.0B and total debt of ¥500.0M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ¥8.2B and ¥3.2B respectively. LedaxLtd's EBIT is ¥9.0M making its interest coverage ratio -2.3. It has cash and short-term investments of ¥1.7B.
Key information
10.0%
Debt to equity ratio
JP¥500.00m
Debt
| Interest coverage ratio | -2.3x |
| Cash | JP¥1.71b |
| Equity | JP¥4.98b |
| Total liabilities | JP¥3.20b |
| Total assets | JP¥8.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7602's short term assets (¥6.8B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 7602's short term assets (¥6.8B) exceed its long term liabilities (¥207.0M).
Debt to Equity History and Analysis
Debt Level: 7602 has more cash than its total debt.
Reducing Debt: 7602's debt to equity ratio has increased from 4.4% to 10% over the past 5 years.
Debt Coverage: 7602's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7602 earns more interest than it pays, so coverage of interest payments is not a concern.