Japan Elevator Service HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Japan Elevator Service HoldingsLtd has a total shareholder equity of ¥15.3B and total debt of ¥8.3B, which brings its debt-to-equity ratio to 54.3%. Its total assets and total liabilities are ¥31.3B and ¥16.0B respectively. Japan Elevator Service HoldingsLtd's EBIT is ¥6.3B making its interest coverage ratio 312.9. It has cash and short-term investments of ¥2.4B.
Key information
54.3%
Debt to equity ratio
JP¥8.29b
Debt
Interest coverage ratio | 312.9x |
Cash | JP¥2.41b |
Equity | JP¥15.28b |
Total liabilities | JP¥15.98b |
Total assets | JP¥31.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6544's short term assets (¥12.9B) exceed its short term liabilities (¥12.7B).
Long Term Liabilities: 6544's short term assets (¥12.9B) exceed its long term liabilities (¥3.3B).
Debt to Equity History and Analysis
Debt Level: 6544's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: 6544's debt to equity ratio has reduced from 117.4% to 54.3% over the past 5 years.
Debt Coverage: 6544's debt is well covered by operating cash flow (61.3%).
Interest Coverage: 6544's interest payments on its debt are well covered by EBIT (312.9x coverage).