GreenEnergy Balance Sheet Health
Financial Health criteria checks 5/6
GreenEnergy has a total shareholder equity of ¥4.8B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are ¥10.3B and ¥5.5B respectively. GreenEnergy's EBIT is ¥424.0M making its interest coverage ratio 11.8. It has cash and short-term investments of ¥1.7B.
Key information
72.3%
Debt to equity ratio
JP¥3.50b
Debt
Interest coverage ratio | 11.8x |
Cash | JP¥1.72b |
Equity | JP¥4.84b |
Total liabilities | JP¥5.46b |
Total assets | JP¥10.30b |
Financial Position Analysis
Short Term Liabilities: 1436's short term assets (¥8.5B) exceed its short term liabilities (¥3.4B).
Long Term Liabilities: 1436's short term assets (¥8.5B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 1436's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 1436's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1436's debt is well covered by operating cash flow (35.5%).
Interest Coverage: 1436's interest payments on its debt are well covered by EBIT (11.8x coverage).