Eagle IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Eagle IndustryLtd has a total shareholder equity of ¥116.1B and total debt of ¥41.3B, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are ¥203.7B and ¥87.6B respectively. Eagle IndustryLtd's EBIT is ¥7.7B making its interest coverage ratio -56.6. It has cash and short-term investments of ¥30.3B.
Key information
35.6%
Debt to equity ratio
JP¥41.34b
Debt
| Interest coverage ratio | -56.6x |
| Cash | JP¥30.31b |
| Equity | JP¥116.12b |
| Total liabilities | JP¥87.59b |
| Total assets | JP¥203.72b |
Financial Position Analysis
Short Term Liabilities: 6486's short term assets (¥111.0B) exceed its short term liabilities (¥50.0B).
Long Term Liabilities: 6486's short term assets (¥111.0B) exceed its long term liabilities (¥37.5B).
Debt to Equity History and Analysis
Debt Level: 6486's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: 6486's debt to equity ratio has reduced from 45.4% to 35.6% over the past 5 years.
Debt Coverage: 6486's debt is well covered by operating cash flow (31.5%).
Interest Coverage: 6486 earns more interest than it pays, so coverage of interest payments is not a concern.