GDEP ADVANCEInc Balance Sheet Health
Financial Health criteria checks 6/6
GDEP ADVANCEInc has a total shareholder equity of ¥2.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥4.1B and ¥1.7B respectively. GDEP ADVANCEInc's EBIT is ¥729.0M making its interest coverage ratio -729. It has cash and short-term investments of ¥902.0M.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -729x |
| Cash | JP¥902.00m |
| Equity | JP¥2.42b |
| Total liabilities | JP¥1.66b |
| Total assets | JP¥4.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5885's short term assets (¥4.0B) exceed its short term liabilities (¥909.0M).
Long Term Liabilities: 5885's short term assets (¥4.0B) exceed its long term liabilities (¥748.0M).
Debt to Equity History and Analysis
Debt Level: 5885 is debt free.
Reducing Debt: 5885 has not had any debt for past 5 years.
Debt Coverage: 5885 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5885 has no debt, therefore coverage of interest payments is not a concern.