Environmental Control CenterLtd Balance Sheet Health
Financial Health criteria checks 5/6
Environmental Control CenterLtd has a total shareholder equity of ¥2.3B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are ¥5.6B and ¥3.3B respectively. Environmental Control CenterLtd's EBIT is ¥412.0M making its interest coverage ratio 58.9. It has cash and short-term investments of ¥663.0M.
Key information
79.9%
Debt to equity ratio
JP¥1.86b
Debt
| Interest coverage ratio | 58.9x |
| Cash | JP¥663.00m |
| Equity | JP¥2.32b |
| Total liabilities | JP¥3.30b |
| Total assets | JP¥5.62b |
Recent financial health updates
Recent updates
Environmental Control CenterLtd (TSE:4657) Will Be Hoping To Turn Its Returns On Capital Around
Aug 07
Environmental Control Center Co.,Ltd.'s (TYO:4657) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Apr 16Should You Be Impressed By Environmental Control Center Co.,Ltd.'s (TYO:4657) ROE?
Mar 20Is There More Growth In Store For Environmental Control CenterLtd's (TYO:4657) Returns On Capital?
Feb 21Environmental Control CenterLtd (TYO:4657) Has A Somewhat Strained Balance Sheet
Jan 25Is Environmental Control Center Co.,Ltd. (TYO:4657) The Right Choice For A Smart Dividend Investor?
Dec 29A Note On Environmental Control Center Co.,Ltd.'s (TYO:4657) ROE and Debt To Equity
Dec 03
Financial Position Analysis
Short Term Liabilities: 4657's short term assets (¥2.1B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 4657's short term assets (¥2.1B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 4657's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: 4657's debt to equity ratio has reduced from 117.3% to 79.9% over the past 5 years.
Debt Coverage: 4657's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 4657's interest payments on its debt are well covered by EBIT (58.9x coverage).