Laox HoldingsLTD Balance Sheet Health
Financial Health criteria checks 6/6
Laox HoldingsLTD has a total shareholder equity of ¥22.3B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ¥41.2B and ¥18.9B respectively. Laox HoldingsLTD's EBIT is ¥751.0M making its interest coverage ratio -75.1. It has cash and short-term investments of ¥10.1B.
Key information
12.2%
Debt to equity ratio
JP¥2.73b
Debt
| Interest coverage ratio | -75.1x |
| Cash | JP¥10.10b |
| Equity | JP¥22.34b |
| Total liabilities | JP¥18.86b |
| Total assets | JP¥41.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8202's short term assets (¥30.5B) exceed its short term liabilities (¥15.0B).
Long Term Liabilities: 8202's short term assets (¥30.5B) exceed its long term liabilities (¥3.8B).
Debt to Equity History and Analysis
Debt Level: 8202 has more cash than its total debt.
Reducing Debt: 8202's debt to equity ratio has reduced from 17.9% to 12.2% 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: Whilst unprofitable 8202 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8202 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.5% per year.