EltesLtd Balance Sheet Health
Financial Health criteria checks 4/6
EltesLtd has a total shareholder equity of ¥1.9B and total debt of ¥4.2B, which brings its debt-to-equity ratio to 225.4%. Its total assets and total liabilities are ¥7.4B and ¥5.5B respectively. EltesLtd's EBIT is ¥94.0M making its interest coverage ratio 7.2. It has cash and short-term investments of ¥2.5B.
Key information
225.43%
Debt to equity ratio
JP¥4.21b
Debt
| Interest coverage ratio | 7.2x |
| Cash | JP¥2.52b |
| Equity | JP¥1.87b |
| Total liabilities | JP¥5.52b |
| Total assets | JP¥7.38b |
Recent financial health updates
Recent updates
Investors Still Aren't Entirely Convinced By Eltes Co.,Ltd.'s (TSE:3967) Revenues Despite 32% Price Jump
May 07
Eltes Co.,Ltd.'s (TSE:3967) Popularity With Investors Under Threat As Stock Sinks 26%
Mar 14Eltes Co.,Ltd. (TSE:3967) Investors Are Less Pessimistic Than Expected
Jan 08EltesLtd (TSE:3967) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Oct 18Does EltesLtd (TSE:3967) Have A Healthy Balance Sheet?
Sep 11Risks Still Elevated At These Prices As Eltes Co.,Ltd. (TSE:3967) Shares Dive 32%
Aug 05Investors Shouldn't Be Too Comfortable With EltesLtd's (TSE:3967) Earnings
Apr 19Financial Position Analysis
Short Term Liabilities: 3967's short term assets (¥4.1B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 3967's short term assets (¥4.1B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 3967's net debt to equity ratio (90.7%) is considered high.
Reducing Debt: 3967's debt to equity ratio has increased from 2.2% to 225.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3967 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3967 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/16 00:38 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/02/28 |
| Annual Earnings | 2025/02/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Eltes Co.,Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenichi Ito | Ichiyoshi Research Institute Inc. |
| Keita Fujino | The Stock Research Center |