Escrit Balance Sheet Health
Financial Health criteria checks 2/6
Escrit has a total shareholder equity of ¥6.1B and total debt of ¥8.5B, which brings its debt-to-equity ratio to 139.3%. Its total assets and total liabilities are ¥21.7B and ¥15.6B respectively. Escrit's EBIT is ¥928.0M making its interest coverage ratio 11.3. It has cash and short-term investments of ¥4.8B.
Key information
139.3%
Debt to equity ratio
JP¥8.50b
Debt
| Interest coverage ratio | 11.3x |
| Cash | JP¥4.77b |
| Equity | JP¥6.10b |
| Total liabilities | JP¥15.56b |
| Total assets | JP¥21.66b |
Financial Position Analysis
Short Term Liabilities: 2196's short term assets (¥7.4B) exceed its short term liabilities (¥6.5B).
Long Term Liabilities: 2196's short term assets (¥7.4B) do not cover its long term liabilities (¥9.0B).
Debt to Equity History and Analysis
Debt Level: 2196's net debt to equity ratio (61.1%) is considered high.
Reducing Debt: 2196's debt to equity ratio has increased from 107% to 139.3% over the past 5 years.
Debt Coverage: 2196's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: 2196's interest payments on its debt are well covered by EBIT (11.3x coverage).