Growth X PartnersInc Balance Sheet Health
Financial Health criteria checks 5/6
Growth X PartnersInc has a total shareholder equity of ¥1.9B and total debt of ¥830.0M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are ¥3.5B and ¥1.6B respectively. Growth X PartnersInc's EBIT is ¥603.0M making its interest coverage ratio 120.6. It has cash and short-term investments of ¥1.1B.
Key information
43.5%
Debt to equity ratio
JP¥830.00m
Debt
| Interest coverage ratio | 120.6x |
| Cash | JP¥1.11b |
| Equity | JP¥1.91b |
| Total liabilities | JP¥1.63b |
| Total assets | JP¥3.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 244A's short term assets (¥2.0B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 244A's short term assets (¥2.0B) exceed its long term liabilities (¥295.0M).
Debt to Equity History and Analysis
Debt Level: 244A has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 244A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 244A's debt is well covered by operating cash flow (65.7%).
Interest Coverage: 244A's interest payments on its debt are well covered by EBIT (120.6x coverage).