ZERO Balance Sheet Health
Financial Health criteria checks 5/6
ZERO has a total shareholder equity of ¥34.8B and total debt of ¥8.6B, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are ¥62.0B and ¥27.2B respectively. ZERO's EBIT is ¥5.2B making its interest coverage ratio -261.5. It has cash and short-term investments of ¥9.0B.
Key information
24.6%
Debt to equity ratio
JP¥8.57b
Debt
Interest coverage ratio | -261.5x |
Cash | JP¥9.04b |
Equity | JP¥34.77b |
Total liabilities | JP¥27.21b |
Total assets | JP¥61.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9028's short term assets (¥30.2B) exceed its short term liabilities (¥22.2B).
Long Term Liabilities: 9028's short term assets (¥30.2B) exceed its long term liabilities (¥5.0B).
Debt to Equity History and Analysis
Debt Level: 9028 has more cash than its total debt.
Reducing Debt: 9028's debt to equity ratio has increased from 8.4% to 24.6% over the past 5 years.
Debt Coverage: 9028's debt is well covered by operating cash flow (88%).
Interest Coverage: 9028 earns more interest than it pays, so coverage of interest payments is not a concern.