circlace Balance Sheet Health
Financial Health criteria checks 5/6
circlace has a total shareholder equity of ¥789.0M and total debt of ¥223.0M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are ¥1.5B and ¥754.0M respectively.
Key information
28.3%
Debt to equity ratio
JP¥223.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥807.00m |
| Equity | JP¥789.00m |
| Total liabilities | JP¥754.00m |
| Total assets | JP¥1.54b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5029's short term assets (¥1.2B) exceed its short term liabilities (¥586.0M).
Long Term Liabilities: 5029's short term assets (¥1.2B) exceed its long term liabilities (¥168.0M).
Debt to Equity History and Analysis
Debt Level: 5029 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5029's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 5029 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5029 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.7% per year.