ProjectHoldings Balance Sheet Health
Financial Health criteria checks 5/6
ProjectHoldings has a total shareholder equity of ¥2.7B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 84.4%. Its total assets and total liabilities are ¥5.6B and ¥3.0B respectively. ProjectHoldings's EBIT is ¥857.0M making its interest coverage ratio 65.9. It has cash and short-term investments of ¥2.8B.
Key information
84.4%
Debt to equity ratio
JP¥2.24b
Debt
Interest coverage ratio | 65.9x |
Cash | JP¥2.77b |
Equity | JP¥2.65b |
Total liabilities | JP¥2.99b |
Total assets | JP¥5.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9246's short term assets (¥3.6B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 9246's short term assets (¥3.6B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 9246 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9246's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9246's debt is well covered by operating cash flow (20.2%).
Interest Coverage: 9246's interest payments on its debt are well covered by EBIT (65.9x coverage).