ERI Holdings Balance Sheet Health
Financial Health criteria checks 6/6
ERI Holdings has a total shareholder equity of ¥5.5B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are ¥10.8B and ¥5.4B respectively. ERI Holdings's EBIT is ¥2.3B making its interest coverage ratio 163.4. It has cash and short-term investments of ¥6.2B.
Key information
44.7%
Debt to equity ratio
JP¥2.45b
Debt
| Interest coverage ratio | 163.4x |
| Cash | JP¥6.22b |
| Equity | JP¥5.48b |
| Total liabilities | JP¥5.37b |
| Total assets | JP¥10.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6083's short term assets (¥8.4B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: 6083's short term assets (¥8.4B) exceed its long term liabilities (¥2.2B).
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 75.2% to 44.7% over the past 5 years.
Debt Coverage: 6083's debt is well covered by operating cash flow (73.8%).
Interest Coverage: 6083's interest payments on its debt are well covered by EBIT (163.4x coverage).