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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 21:00 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ERI Holdings Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |