EltesLtd Balance Sheet Health
Financial Health criteria checks 3/6
EltesLtd has a total shareholder equity of ¥2.6B and total debt of ¥3.4B, which brings its debt-to-equity ratio to 133.9%. Its total assets and total liabilities are ¥7.1B and ¥4.6B respectively. EltesLtd's EBIT is ¥137.0M making its interest coverage ratio 9.1. It has cash and short-term investments of ¥1.9B.
Key information
133.9%
Debt to equity ratio
JP¥3.45b
Debt
| Interest coverage ratio | 9.1x |
| Cash | JP¥1.91b |
| Equity | JP¥2.57b |
| Total liabilities | JP¥4.56b |
| Total assets | JP¥7.14b |
Recent financial health updates
Recent updates
EltesLtd (TSE:3967) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Oct 18
Does 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 (¥3.1B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 3967's short term assets (¥3.1B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 3967's net debt to equity ratio (59.6%) is considered high.
Reducing Debt: 3967's debt to equity ratio has increased from 2.8% to 133.9% over the past 5 years.
Debt Coverage: 3967's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 3967's interest payments on its debt are well covered by EBIT (9.1x coverage).