Lecip Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Lecip Holdings has a total shareholder equity of ¥5.0B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 114.1%. Its total assets and total liabilities are ¥18.2B and ¥13.2B respectively. Lecip Holdings's EBIT is ¥1.4B making its interest coverage ratio 100.3. It has cash and short-term investments of ¥2.6B.
Key information
114.1%
Debt to equity ratio
JP¥5.66b
Debt
Interest coverage ratio | 100.3x |
Cash | JP¥2.56b |
Equity | JP¥4.96b |
Total liabilities | JP¥13.25b |
Total assets | JP¥18.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7213's short term assets (¥15.3B) exceed its short term liabilities (¥11.9B).
Long Term Liabilities: 7213's short term assets (¥15.3B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 7213's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: 7213's debt to equity ratio has reduced from 183.6% to 114.1% over the past 5 years.
Debt Coverage: 7213's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: 7213's interest payments on its debt are well covered by EBIT (100.3x coverage).