Ecomic Balance Sheet Health
Financial Health criteria checks 5/6
Ecomic has a total shareholder equity of ¥1.4B and total debt of ¥470.0M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are ¥2.1B and ¥713.0M respectively. Ecomic's EBIT is ¥211.0M making its interest coverage ratio -211. It has cash and short-term investments of ¥711.0M.
Key information
33.1%
Debt to equity ratio
JP¥470.00m
Debt
Interest coverage ratio | -211x |
Cash | JP¥711.00m |
Equity | JP¥1.42b |
Total liabilities | JP¥713.00m |
Total assets | JP¥2.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3802's short term assets (¥1.7B) exceed its short term liabilities (¥601.0M).
Long Term Liabilities: 3802's short term assets (¥1.7B) exceed its long term liabilities (¥112.0M).
Debt to Equity History and Analysis
Debt Level: 3802 has more cash than its total debt.
Reducing Debt: 3802's debt to equity ratio has increased from 0% to 33.1% over the past 5 years.
Debt Coverage: 3802's debt is well covered by operating cash flow (56.6%).
Interest Coverage: 3802 earns more interest than it pays, so coverage of interest payments is not a concern.