ProdelightLtd Balance Sheet Health
Financial Health criteria checks 5/6
ProdelightLtd has a total shareholder equity of ¥802.0M and total debt of ¥70.0M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are ¥1.2B and ¥406.0M respectively. ProdelightLtd's EBIT is ¥190.0M making its interest coverage ratio 190. It has cash and short-term investments of ¥664.0M.
Key information
8.7%
Debt to equity ratio
JP¥70.00m
Debt
| Interest coverage ratio | 190x |
| Cash | JP¥664.00m |
| Equity | JP¥802.00m |
| Total liabilities | JP¥406.00m |
| Total assets | JP¥1.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5580's short term assets (¥1.0B) exceed its short term liabilities (¥350.0M).
Long Term Liabilities: 5580's short term assets (¥1.0B) exceed its long term liabilities (¥56.0M).
Debt to Equity History and Analysis
Debt Level: 5580 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5580's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5580's debt is well covered by operating cash flow (235.7%).
Interest Coverage: 5580's interest payments on its debt are well covered by EBIT (190x coverage).