ProdelightLtd Balance Sheet Health
Financial Health criteria checks 5/6
ProdelightLtd has a total shareholder equity of ¥688.0M and total debt of ¥92.0M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are ¥1.1B and ¥379.0M respectively. ProdelightLtd's EBIT is ¥129.0M making its interest coverage ratio 129. It has cash and short-term investments of ¥563.0M.
Key information
13.4%
Debt to equity ratio
JP¥92.00m
Debt
Interest coverage ratio | 129x |
Cash | JP¥563.00m |
Equity | JP¥688.00m |
Total liabilities | JP¥379.00m |
Total assets | JP¥1.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5580's short term assets (¥890.0M) exceed its short term liabilities (¥307.0M).
Long Term Liabilities: 5580's short term assets (¥890.0M) exceed its long term liabilities (¥72.0M).
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 (160.9%).
Interest Coverage: 5580's interest payments on its debt are well covered by EBIT (129x coverage).