DreamArts Balance Sheet Health
Financial Health criteria checks 5/6
DreamArts has a total shareholder equity of ¥1.9B and total debt of ¥300.0M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are ¥3.9B and ¥2.0B respectively. DreamArts's EBIT is ¥577.5M making its interest coverage ratio 577.5. It has cash and short-term investments of ¥2.7B.
Key information
16.0%
Debt to equity ratio
JP¥300.00m
Debt
Interest coverage ratio | 577.5x |
Cash | JP¥2.69b |
Equity | JP¥1.88b |
Total liabilities | JP¥2.00b |
Total assets | JP¥3.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4811's short term assets (¥3.2B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 4811's short term assets (¥3.2B) exceed its long term liabilities (¥356.0M).
Debt to Equity History and Analysis
Debt Level: 4811 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4811's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4811's debt is well covered by operating cash flow (394.7%).
Interest Coverage: 4811's interest payments on its debt are well covered by EBIT (577.5x coverage).