Japan Elevator Service HoldingsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Japan Elevator Service HoldingsLtd has a total shareholder equity of ¥15.8B and total debt of ¥8.6B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are ¥32.2B and ¥16.3B respectively. Japan Elevator Service HoldingsLtd's EBIT is ¥7.4B making its interest coverage ratio 321.6. It has cash and short-term investments of ¥2.2B.
Key information
54.4%
Debt to equity ratio
JP¥8.61b
Debt
| Interest coverage ratio | 321.6x |
| Cash | JP¥2.21b |
| Equity | JP¥15.84b |
| Total liabilities | JP¥16.35b |
| Total assets | JP¥32.18b |
Recent financial health updates
No updates
Recent updates
Calculating The Fair Value Of Japan Elevator Service Holdings Co.,Ltd. (TSE:6544)
Aug 08
Investors Interested In Japan Elevator Service Holdings Co.,Ltd.'s (TSE:6544) Earnings
Jul 12Japan Elevator Service HoldingsLtd (TSE:6544) Looks To Prolong Its Impressive Returns
Jun 27If EPS Growth Is Important To You, Japan Elevator Service HoldingsLtd (TSE:6544) Presents An Opportunity
Jun 13Japan Elevator Service HoldingsLtd's (TSE:6544) Upcoming Dividend Will Be Larger Than Last Year's
Mar 14Japan Elevator Service HoldingsLtd (TSE:6544) Has Announced That It Will Be Increasing Its Dividend To ¥23.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6544's short term assets (¥13.5B) exceed its short term liabilities (¥12.3B).
Long Term Liabilities: 6544's short term assets (¥13.5B) exceed its long term liabilities (¥4.1B).
Debt to Equity History and Analysis
Debt Level: 6544's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: 6544's debt to equity ratio has reduced from 121.3% to 54.4% 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 (321.6x coverage).