E J Holdings Balance Sheet Health
Financial Health criteria checks 6/6
E J Holdings has a total shareholder equity of ¥29.0B and total debt of ¥5.4B, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are ¥41.8B and ¥12.9B respectively. E J Holdings's EBIT is ¥4.5B making its interest coverage ratio -47.6. It has cash and short-term investments of ¥10.7B.
Key information
18.6%
Debt to equity ratio
JP¥5.38b
Debt
Interest coverage ratio | -47.6x |
Cash | JP¥10.71b |
Equity | JP¥28.97b |
Total liabilities | JP¥12.88b |
Total assets | JP¥41.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2153's short term assets (¥28.6B) exceed its short term liabilities (¥12.0B).
Long Term Liabilities: 2153's short term assets (¥28.6B) exceed its long term liabilities (¥911.0M).
Debt to Equity History and Analysis
Debt Level: 2153 has more cash than its total debt.
Reducing Debt: 2153's debt to equity ratio has reduced from 31.6% to 18.6% over the past 5 years.
Debt Coverage: 2153's debt is well covered by operating cash flow (39.9%).
Interest Coverage: 2153 earns more interest than it pays, so coverage of interest payments is not a concern.