Glory Balance Sheet Health
Financial Health criteria checks 4/6
Glory has a total shareholder equity of ¥205.8B and total debt of ¥93.4B, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are ¥429.2B and ¥223.5B respectively. Glory's EBIT is ¥37.5B making its interest coverage ratio 30.8. It has cash and short-term investments of ¥33.2B.
Key information
45.4%
Debt to equity ratio
JP¥93.37b
Debt
Interest coverage ratio | 30.8x |
Cash | JP¥33.20b |
Equity | JP¥205.76b |
Total liabilities | JP¥223.45b |
Total assets | JP¥429.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLYY.Y's short term assets (¥248.6B) exceed its short term liabilities (¥175.4B).
Long Term Liabilities: GLYY.Y's short term assets (¥248.6B) exceed its long term liabilities (¥48.1B).
Debt to Equity History and Analysis
Debt Level: GLYY.Y's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: GLYY.Y's debt to equity ratio has increased from 31.9% to 45.4% over the past 5 years.
Debt Coverage: GLYY.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GLYY.Y's interest payments on its debt are well covered by EBIT (30.8x coverage).