LEC Balance Sheet Health
Financial Health criteria checks 4/6
LEC has a total shareholder equity of ¥37.3B and total debt of ¥42.5B, which brings its debt-to-equity ratio to 114%. Its total assets and total liabilities are ¥88.5B and ¥51.2B respectively. LEC's EBIT is ¥1.6B making its interest coverage ratio 32.1. It has cash and short-term investments of ¥31.1B.
Key information
114.0%
Debt to equity ratio
JP¥42.55b
Debt
Interest coverage ratio | 32.1x |
Cash | JP¥31.15b |
Equity | JP¥37.32b |
Total liabilities | JP¥51.22b |
Total assets | JP¥88.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7874's short term assets (¥56.5B) exceed its short term liabilities (¥10.7B).
Long Term Liabilities: 7874's short term assets (¥56.5B) exceed its long term liabilities (¥40.5B).
Debt to Equity History and Analysis
Debt Level: 7874's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: 7874's debt to equity ratio has increased from 59.6% to 114% over the past 5 years.
Debt Coverage: 7874's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 7874's interest payments on its debt are well covered by EBIT (32.1x coverage).