GMO GlobalSign Holdings K.K Balance Sheet Health
Financial Health criteria checks 5/6
GMO GlobalSign Holdings K.K has a total shareholder equity of ¥8.8B and total debt of ¥2.8B, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are ¥17.4B and ¥8.5B respectively. GMO GlobalSign Holdings K.K's EBIT is ¥1.3B making its interest coverage ratio -24.6. It has cash and short-term investments of ¥7.7B.
Key information
32.2%
Debt to equity ratio
JP¥2.85b
Debt
Interest coverage ratio | -24.6x |
Cash | JP¥7.66b |
Equity | JP¥8.85b |
Total liabilities | JP¥8.53b |
Total assets | JP¥17.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3788's short term assets (¥11.5B) exceed its short term liabilities (¥5.3B).
Long Term Liabilities: 3788's short term assets (¥11.5B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 3788 has more cash than its total debt.
Reducing Debt: 3788's debt to equity ratio has increased from 0% to 32.2% over the past 5 years.
Debt Coverage: 3788's debt is well covered by operating cash flow (77.4%).
Interest Coverage: 3788 earns more interest than it pays, so coverage of interest payments is not a concern.