EDION Balance Sheet Health
Financial Health criteria checks 5/6
EDION has a total shareholder equity of ¥215.0B and total debt of ¥91.3B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are ¥440.6B and ¥225.6B respectively. EDION's EBIT is ¥18.5B making its interest coverage ratio 110.8. It has cash and short-term investments of ¥12.6B.
Key information
42.5%
Debt to equity ratio
JP¥91.34b
Debt
Interest coverage ratio | 110.8x |
Cash | JP¥12.63b |
Equity | JP¥215.04b |
Total liabilities | JP¥225.55b |
Total assets | JP¥440.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9H2's short term assets (¥199.5B) exceed its short term liabilities (¥165.2B).
Long Term Liabilities: 9H2's short term assets (¥199.5B) exceed its long term liabilities (¥60.4B).
Debt to Equity History and Analysis
Debt Level: 9H2's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: 9H2's debt to equity ratio has increased from 39.8% to 42.5% over the past 5 years.
Debt Coverage: 9H2's debt is well covered by operating cash flow (29.1%).
Interest Coverage: 9H2's interest payments on its debt are well covered by EBIT (110.8x coverage).