Global-Dining Balance Sheet Health
Financial Health criteria checks 3/6
Global-Dining has a total shareholder equity of ¥3.6B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are ¥7.3B and ¥3.7B respectively. Global-Dining's EBIT is ¥67.0M making its interest coverage ratio 3.2. It has cash and short-term investments of ¥1.1B.
Key information
52.6%
Debt to equity ratio
JP¥1.88b
Debt
| Interest coverage ratio | 3.2x |
| Cash | JP¥1.14b |
| Equity | JP¥3.58b |
| Total liabilities | JP¥3.75b |
| Total assets | JP¥7.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLLD.F's short term assets (¥1.7B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: GLLD.F's short term assets (¥1.7B) do not cover its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: GLLD.F's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: GLLD.F's debt to equity ratio has increased from 34.8% to 52.6% over the past 5 years.
Debt Coverage: GLLD.F's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: GLLD.F's interest payments on its debt are well covered by EBIT (3.2x coverage).