ERI Holdings Balance Sheet Health
Financial Health criteria checks 6/6
ERI Holdings has a total shareholder equity of ¥5.6B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are ¥11.8B and ¥6.3B respectively. ERI Holdings's EBIT is ¥1.7B making its interest coverage ratio 165.3. It has cash and short-term investments of ¥5.9B.
Key information
47.5%
Debt to equity ratio
JP¥2.65b
Debt
| Interest coverage ratio | 165.3x |
| Cash | JP¥5.87b |
| Equity | JP¥5.59b |
| Total liabilities | JP¥6.26b |
| Total assets | JP¥11.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6083's short term assets (¥8.1B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 6083's short term assets (¥8.1B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 6083 has more cash than its total debt.
Reducing Debt: 6083's debt to equity ratio has reduced from 72.4% to 47.5% over the past 5 years.
Debt Coverage: 6083's debt is well covered by operating cash flow (56.7%).
Interest Coverage: 6083's interest payments on its debt are well covered by EBIT (165.3x coverage).