Ecomic Balance Sheet Health
Financial Health criteria checks 5/6
Ecomic has a total shareholder equity of ¥1.6B and total debt of ¥98.0M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ¥1.8B and ¥235.0M respectively. Ecomic's EBIT is ¥104.0M making its interest coverage ratio -104. It has cash and short-term investments of ¥1.2B.
Key information
6.2%
Debt to equity ratio
JP¥98.00m
Debt
| Interest coverage ratio | -104x |
| Cash | JP¥1.21b |
| Equity | JP¥1.58b |
| Total liabilities | JP¥235.00m |
| Total assets | JP¥1.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3802's short term assets (¥1.4B) exceed its short term liabilities (¥155.0M).
Long Term Liabilities: 3802's short term assets (¥1.4B) exceed its long term liabilities (¥80.0M).
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 6.2% over the past 5 years.
Debt Coverage: 3802's debt is well covered by operating cash flow (178.6%).
Interest Coverage: 3802 earns more interest than it pays, so coverage of interest payments is not a concern.