GLOSEL Balance Sheet Health
Financial Health criteria checks 4/6
GLOSEL has a total shareholder equity of ¥26.6B and total debt of ¥11.8B, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are ¥49.1B and ¥22.5B respectively. GLOSEL's EBIT is ¥863.0M making its interest coverage ratio 5.8. It has cash and short-term investments of ¥5.2B.
Key information
44.3%
Debt to equity ratio
JP¥11.79b
Debt
| Interest coverage ratio | 5.8x |
| Cash | JP¥5.22b |
| Equity | JP¥26.59b |
| Total liabilities | JP¥22.47b |
| Total assets | JP¥49.06b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9995's short term assets (¥45.4B) exceed its short term liabilities (¥21.8B).
Long Term Liabilities: 9995's short term assets (¥45.4B) exceed its long term liabilities (¥627.0M).
Debt to Equity History and Analysis
Debt Level: 9995's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 9995's debt to equity ratio has increased from 9% to 44.3% over the past 5 years.
Debt Coverage: 9995's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9995's interest payments on its debt are well covered by EBIT (5.8x coverage).