GL Sciences Balance Sheet Health
Financial Health criteria checks 5/6
GL Sciences has a total shareholder equity of ¥38.6B and total debt of ¥7.2B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are ¥53.2B and ¥14.6B respectively. GL Sciences's EBIT is ¥5.7B making its interest coverage ratio -440.6. It has cash and short-term investments of ¥7.0B.
Key information
18.8%
Debt to equity ratio
JP¥7.25b
Debt
Interest coverage ratio | -440.6x |
Cash | JP¥7.04b |
Equity | JP¥38.57b |
Total liabilities | JP¥14.65b |
Total assets | JP¥53.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7705's short term assets (¥31.4B) exceed its short term liabilities (¥9.6B).
Long Term Liabilities: 7705's short term assets (¥31.4B) exceed its long term liabilities (¥5.0B).
Debt to Equity History and Analysis
Debt Level: 7705's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 7705's debt to equity ratio has increased from 11.9% to 18.8% over the past 5 years.
Debt Coverage: 7705's debt is well covered by operating cash flow (33.8%).
Interest Coverage: 7705 earns more interest than it pays, so coverage of interest payments is not a concern.