ENDO Lighting Balance Sheet Health
Financial Health criteria checks 6/6
ENDO Lighting has a total shareholder equity of ¥38.6B and total debt of ¥12.3B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are ¥62.8B and ¥24.2B respectively. ENDO Lighting's EBIT is ¥5.2B making its interest coverage ratio -25.9. It has cash and short-term investments of ¥16.4B.
Key information
31.9%
Debt to equity ratio
JP¥12.29b
Debt
Interest coverage ratio | -25.9x |
Cash | JP¥16.37b |
Equity | JP¥38.57b |
Total liabilities | JP¥24.19b |
Total assets | JP¥62.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6932's short term assets (¥39.9B) exceed its short term liabilities (¥15.2B).
Long Term Liabilities: 6932's short term assets (¥39.9B) exceed its long term liabilities (¥8.9B).
Debt to Equity History and Analysis
Debt Level: 6932 has more cash than its total debt.
Reducing Debt: 6932's debt to equity ratio has reduced from 99.2% to 31.9% over the past 5 years.
Debt Coverage: 6932's debt is well covered by operating cash flow (52.4%).
Interest Coverage: 6932 earns more interest than it pays, so coverage of interest payments is not a concern.