EltesLtd Balance Sheet Health
Financial Health criteria checks 3/6
EltesLtd has a total shareholder equity of ¥2.6B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 127.4%. Its total assets and total liabilities are ¥6.9B and ¥4.3B respectively. EltesLtd's EBIT is ¥182.0M making its interest coverage ratio 7. It has cash and short-term investments of ¥1.6B.
Key information
127.4%
Debt to equity ratio
JP¥3.33b
Debt
Interest coverage ratio | 7x |
Cash | JP¥1.56b |
Equity | JP¥2.61b |
Total liabilities | JP¥4.29b |
Total assets | JP¥6.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3967's short term assets (¥2.9B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 3967's short term assets (¥2.9B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: 3967's net debt to equity ratio (67.8%) is considered high.
Reducing Debt: 3967's debt to equity ratio has increased from 1.7% to 127.4% over the past 5 years.
Debt Coverage: 3967's debt is not well covered by operating cash flow (0%).
Interest Coverage: 3967's interest payments on its debt are well covered by EBIT (7x coverage).