LAC Balance Sheet Health
Financial Health criteria checks 6/6
LAC has a total shareholder equity of ¥14.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥21.3B and ¥7.0B respectively. LAC's EBIT is ¥2.0B making its interest coverage ratio -988.5. It has cash and short-term investments of ¥5.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -988.5x |
| Cash | JP¥5.14b |
| Equity | JP¥14.38b |
| Total liabilities | JP¥6.97b |
| Total assets | JP¥21.35b |
Recent financial health updates
Here's Why LAC (TYO:3857) Can Manage Its Debt Responsibly
Mar 29
Is LAC (TYO:3857) Using Too Much Debt?
Dec 28
Recent updates
LAC Co., Ltd. (TSE:3857) Stock Rockets 27% But Many Are Still Ignoring The Company
Mar 06Consider This Before Buying LAC Co., Ltd. (TYO:3857) For The 2.3% Dividend
Apr 26When Should You Buy LAC Co., Ltd. (TYO:3857)?
Apr 12Here's Why LAC (TYO:3857) Can Manage Its Debt Responsibly
Mar 29Is LAC Co., Ltd.'s (TYO:3857) Recent Stock Performance Influenced By Its Financials In Any Way?
Mar 16How Much Did LAC's(TYO:3857) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 01What Do The Returns On Capital At LAC (TYO:3857) Tell Us?
Feb 16Is LAC Co., Ltd. (TYO:3857) Popular Amongst Institutions?
Feb 03Tread With Caution Around LAC Co., Ltd.'s (TYO:3857) 2.2% Dividend Yield
Jan 22At JP¥1,029, Is It Time To Put LAC Co., Ltd. (TYO:3857) On Your Watch List?
Jan 10Is LAC (TYO:3857) Using Too Much Debt?
Dec 28Declining Stock and Decent Financials: Is The Market Wrong About LAC Co., Ltd. (TYO:3857)?
Dec 16Are LAC's (TYO:3857) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 04LAC's(TYO:3857) Share Price Is Down 29% Over The Past Three Years.
Nov 23The Returns At LAC (TYO:3857) Provide Us With Signs Of What's To Come
Jul 09A Look At The Fair Value Of LAC Co., Ltd. (TYO:3857)
Jun 28Financial Position Analysis
Short Term Liabilities: 3857's short term assets (¥14.8B) exceed its short term liabilities (¥6.4B).
Long Term Liabilities: 3857's short term assets (¥14.8B) exceed its long term liabilities (¥616.0M).
Debt to Equity History and Analysis
Debt Level: 3857 is debt free.
Reducing Debt: 3857 has no debt compared to 5 years ago when its debt to equity ratio was 26.5%.
Debt Coverage: 3857 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3857 has no debt, therefore coverage of interest payments is not a concern.