Growth X PartnersInc Balance Sheet Health
Financial Health criteria checks 4/6
Growth X PartnersInc has a total shareholder equity of ¥1.5B and total debt of ¥907.0M, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are ¥3.0B and ¥1.5B respectively. Growth X PartnersInc's EBIT is ¥387.0M making its interest coverage ratio 55.3. It has cash and short-term investments of ¥670.0M.
Key information
62.3%
Debt to equity ratio
JP¥907.00m
Debt
| Interest coverage ratio | 55.3x |
| Cash | JP¥670.00m |
| Equity | JP¥1.46b |
| Total liabilities | JP¥1.50b |
| Total assets | JP¥2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 244A's short term assets (¥1.5B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 244A's short term assets (¥1.5B) exceed its long term liabilities (¥364.0M).
Debt to Equity History and Analysis
Debt Level: 244A's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 244A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 244A's debt is well covered by operating cash flow.
Interest Coverage: 244A's interest payments on its debt are well covered by EBIT (55.3x coverage).