Pigeon Balance Sheet Health
Financial Health criteria checks 5/6
Pigeon has a total shareholder equity of ¥81.1B and total debt of ¥76.0M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are ¥100.4B and ¥19.4B respectively. Pigeon's EBIT is ¥10.7B making its interest coverage ratio -63.1. It has cash and short-term investments of ¥34.4B.
Key information
0.09%
Debt to equity ratio
JP¥76.00m
Debt
Interest coverage ratio | -63.1x |
Cash | JP¥34.36b |
Equity | JP¥81.09b |
Total liabilities | JP¥19.35b |
Total assets | JP¥100.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGEN.Y's short term assets (¥64.8B) exceed its short term liabilities (¥13.5B).
Long Term Liabilities: PGEN.Y's short term assets (¥64.8B) exceed its long term liabilities (¥5.8B).
Debt to Equity History and Analysis
Debt Level: PGEN.Y has more cash than its total debt.
Reducing Debt: PGEN.Y's debt to equity ratio has increased from 0% to 0.09% over the past 5 years.
Debt Coverage: PGEN.Y's debt is well covered by operating cash flow (19109.2%).
Interest Coverage: PGEN.Y earns more interest than it pays, so coverage of interest payments is not a concern.