GREE Balance Sheet Health
Financial Health criteria checks 5/6
GREE has a total shareholder equity of ¥89.7B and total debt of ¥15.7B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ¥120.6B and ¥31.0B respectively. GREE's EBIT is ¥11.5B making its interest coverage ratio -371.9. It has cash and short-term investments of ¥46.5B.
Key information
17.5%
Debt to equity ratio
JP¥15.70b
Debt
Interest coverage ratio | -371.9x |
Cash | JP¥46.51b |
Equity | JP¥89.66b |
Total liabilities | JP¥30.98b |
Total assets | JP¥120.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GREZ.F's short term assets (¥104.2B) exceed its short term liabilities (¥14.1B).
Long Term Liabilities: GREZ.F's short term assets (¥104.2B) exceed its long term liabilities (¥16.8B).
Debt to Equity History and Analysis
Debt Level: GREZ.F has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GREZ.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GREZ.F's debt is well covered by operating cash flow (84.2%).
Interest Coverage: GREZ.F earns more interest than it pays, so coverage of interest payments is not a concern.