gooddays holdings Balance Sheet Health
Financial Health criteria checks 4/6
gooddays holdings has a total shareholder equity of ¥2.7B and total debt of ¥500.0M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ¥5.0B and ¥2.3B respectively. gooddays holdings's EBIT is ¥502.0M making its interest coverage ratio -502. It has cash and short-term investments of ¥1.1B.
Key information
18.4%
Debt to equity ratio
JP¥500.00m
Debt
Interest coverage ratio | -502x |
Cash | JP¥1.08b |
Equity | JP¥2.71b |
Total liabilities | JP¥2.34b |
Total assets | JP¥5.05b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4437's short term assets (¥3.1B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 4437's short term assets (¥3.1B) exceed its long term liabilities (¥95.0M).
Debt to Equity History and Analysis
Debt Level: 4437 has more cash than its total debt.
Reducing Debt: 4437's debt to equity ratio has increased from 15.3% to 18.4% over the past 5 years.
Debt Coverage: 4437's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 4437 earns more interest than it pays, so coverage of interest payments is not a concern.