ETS HoldingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
ETS HoldingsLtd has a total shareholder equity of ¥2.7B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are ¥6.8B and ¥4.0B respectively. ETS HoldingsLtd's EBIT is ¥424.0M making its interest coverage ratio 22.3. It has cash and short-term investments of ¥2.6B.
Key information
79.9%
Debt to equity ratio
JP¥2.18b
Debt
Interest coverage ratio | 22.3x |
Cash | JP¥2.57b |
Equity | JP¥2.73b |
Total liabilities | JP¥4.03b |
Total assets | JP¥6.76b |
Recent financial health updates
We Think ETS HoldingsLtd (TYO:1789) Can Manage Its Debt With Ease
Apr 28Is ETS HoldingsLtd (TYO:1789) Using Too Much Debt?
Jan 23Recent updates
ETS Holdings Co.,Ltd. (TSE:1789) Not Flying Under The Radar
Mar 19We Think ETS HoldingsLtd (TYO:1789) Can Manage Its Debt With Ease
Apr 28Do Its Financials Have Any Role To Play In Driving ETS Holdings Co.,Ltd.'s (TYO:1789) Stock Up Recently?
Mar 17What Can The Trends At ETS HoldingsLtd (TYO:1789) Tell Us About Their Returns?
Feb 13Is ETS HoldingsLtd (TYO:1789) Using Too Much Debt?
Jan 23If You Had Bought ETS HoldingsLtd (TYO:1789) Stock Five Years Ago, You Could Pocket A 194% Gain Today
Jan 05ETS Holdings Co.,Ltd.'s (TYO:1789) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 17Should You Use ETS HoldingsLtd's (TYO:1789) Statutory Earnings To Analyse It?
Nov 30Financial Position Analysis
Short Term Liabilities: 1789's short term assets (¥5.2B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 1789's short term assets (¥5.2B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 1789 has more cash than its total debt.
Reducing Debt: 1789's debt to equity ratio has increased from 14.4% to 79.9% over the past 5 years.
Debt Coverage: 1789's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 1789's interest payments on its debt are well covered by EBIT (22.3x coverage).