Escrit Balance Sheet Health
Financial Health criteria checks 2/6
Escrit has a total shareholder equity of ¥6.1B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 147%. Its total assets and total liabilities are ¥22.3B and ¥16.2B respectively. Escrit's EBIT is ¥536.0M making its interest coverage ratio 7. It has cash and short-term investments of ¥4.8B.
Key information
147.0%
Debt to equity ratio
JP¥8.99b
Debt
Interest coverage ratio | 7x |
Cash | JP¥4.85b |
Equity | JP¥6.12b |
Total liabilities | JP¥16.21b |
Total assets | JP¥22.33b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2196's short term assets (¥7.5B) exceed its short term liabilities (¥6.6B).
Long Term Liabilities: 2196's short term assets (¥7.5B) do not cover its long term liabilities (¥9.6B).
Debt to Equity History and Analysis
Debt Level: 2196's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: 2196's debt to equity ratio has increased from 113.9% to 147% over the past 5 years.
Debt Coverage: 2196's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 2196's interest payments on its debt are well covered by EBIT (7x coverage).