EXEDY Balance Sheet Health
Financial Health criteria checks 6/6
EXEDY has a total shareholder equity of ¥234.0B and total debt of ¥28.6B, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ¥323.1B and ¥89.1B respectively. EXEDY's EBIT is ¥18.5B making its interest coverage ratio 247. It has cash and short-term investments of ¥65.8B.
Key information
12.2%
Debt to equity ratio
JP¥28.58b
Debt
| Interest coverage ratio | 247x |
| Cash | JP¥65.79b |
| Equity | JP¥234.00b |
| Total liabilities | JP¥89.10b |
| Total assets | JP¥323.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 64M's short term assets (¥174.5B) exceed its short term liabilities (¥55.7B).
Long Term Liabilities: 64M's short term assets (¥174.5B) exceed its long term liabilities (¥33.4B).
Debt to Equity History and Analysis
Debt Level: 64M has more cash than its total debt.
Reducing Debt: 64M's debt to equity ratio has reduced from 21.4% to 12.2% over the past 5 years.
Debt Coverage: 64M's debt is well covered by operating cash flow (125%).
Interest Coverage: 64M's interest payments on its debt are well covered by EBIT (247x coverage).