Giga PrizeLtd Balance Sheet Health
Financial Health criteria checks 6/6
Giga PrizeLtd has a total shareholder equity of ¥8.8B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are ¥15.0B and ¥6.1B respectively. Giga PrizeLtd's EBIT is ¥3.6B making its interest coverage ratio 116.8. It has cash and short-term investments of ¥4.6B.
Key information
23.9%
Debt to equity ratio
JP¥2.11b
Debt
| Interest coverage ratio | 116.8x |
| Cash | JP¥4.65b |
| Equity | JP¥8.84b |
| Total liabilities | JP¥6.15b |
| Total assets | JP¥14.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3830's short term assets (¥12.1B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 3830's short term assets (¥12.1B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 3830 has more cash than its total debt.
Reducing Debt: 3830's debt to equity ratio has reduced from 97.9% to 23.9% over the past 5 years.
Debt Coverage: 3830's debt is well covered by operating cash flow (103.2%).
Interest Coverage: 3830's interest payments on its debt are well covered by EBIT (116.8x coverage).